Top 10 Retail Chains in China in 2021 by Sales

JD.com Inc, Alibaba Group Holding Ltd, Vipshop Holdings Ltd, Yonghui Superstores Co Ltd, and Walmart Inc are the top 5 retail chains in China in 2021 by sales. Collectively, the top 10 retail chains in China generated retail sales of $310,239 million, where the highest retail sales were generated by JD.com Inc ($147,942 million), followed by Alibaba Group Holding Ltd ($62,671 million) and Vipshop Holdings Ltd ($20,123 million), while the lowest retail sales were generated by President Chain Store Corp ($8,635 million). JD.com Inc is the leading retail chain in China (by retail sales). The company reported revenues of $155,496 million for the fiscal year ended December 2022 (FY2022), an increase of 5.39% over FY2022. The company is an online retailer, which sells electronics products and general merchandise products, including audio, video products, and books. It is a chain-based service and technology provider company. The company classifies its business operations into three segments: JD Retail, JD Logistics, and New Businesses. It employs 385,357 people. Alibaba Group Holding Ltd is one of the leading retail chains in China (by retail sales). The company reported revenues of $132,260 million for the fiscal year ended March 2022 (FY2022), an increase of 27.23% over FY2021. The company is a provider of e-commerce and technology infrastructure services. The company provides fundamental technology infrastructure services to merchants, brands, retailers, and businesses to market, sell and operate using the internet. Its businesses comprise core commerce, digital media and entertainment, cloud computing and other innovation initiatives. The company classifies its operations through three reportable business segments: Vip.com, Shan Outlet, and Others, and employs 239,740 people.