60 APAC firms amongst Top 250 Global retailers: Deloitte

China’s JD.com is the top retailer in the region, ranking 7th globally.

A total of 60 companies from the Asia Pacific (APAC) region formed part of the Top 250 retailers with their total revenue for the financial year 2021 increasing by 9.7% to $887.6b, according to Deloitte.

Deloitte said the region’s revenue accounted for 15.7% of the total globally behind North America which comprised 47.9%, and Europe at 33.2%.

The revenue from retailers in Latin America was at 1.7% of the total and the Africa and Middle East at 1.3%.

“The strong performance of Asia Pacific’s leading retailers was mainly driven by sales through digital channels and international expansion,” Deloitte said.

Japan has the highest number of companies in the list at 27, followed by China including Hong Kong (13), South Korea (6), Australia (5), Indonesia (2), Thailand (2), Taiwan (2), India (1), the Philippines (1), and Vietnam (1).

Only China’s JD.com, Inc. made it into the Top 10, rising two places to rank 7 with retail revenue of around $126.4b.

Follow the link for more news on

Deloitte

Also Read

FairPrice Group extends discount schemes through 2025

IKEA’s expansion to New Zealand on track for 2025 opening

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit