top 10 e commerce companies in the world 2021

Overstock.com is a US-based online retailer that primarily sells furniture. MercadoLibre is widely considered the Amazon of Latin America. The company is the largest e-commerce provider in the fastest growing e-commerce region in the world. In Europe, it had 185.5 million visits per month. The new IKEA app reached 33.5 million users in 2021, and app downloads more than doubled during that period. The company employs an array of technologies like Content Delivery Network, Google Analytics, and LetsEncrypt to ensure that its able to deliver a seamless UX for visitors. List of Largest eCommerce Companies in the World in 2022, Top 10 Largest eCommerce Companies (Ranked by Revenue). The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. Compare that to 2020s market value of USD 941 billion and 2021s USD 1.634 trillion. In 2020. . The Top 50 People in E-commerce report, published by Inside Retail, recognises the biggest and brightest e-commerce talents As more banks and payment platforms are beginning to include crypto in their offerings, its expected that it will become a more mainstream mode of payment not only in 2022, but also in the years to come. On average, visitors spent approximately 4 minutes and went through 5.20 pages per visit. In , the companys reported earnings increased by 20% ($51.73 billion). Etsy, an ecommerce website that specializes in showcasing handmade and craft items, continues to be one of the most popular online marketplaces in the world. Furthermore, eBays Best Price Guarantee offers consumers a generous 110% rebate to make up for the price difference between a product they bought on eBay and an identical listing on a competing website. , not all ecommerce firms have enjoyed successes. RILs Reliance Retail is Indias largest retailer, based on revenue and number of stores. Best Buy is the largest electronics retailer in the US. Its subsidiaries include some of Asias (Southeast Asia and Taiwan) biggest brands in digital entertainment, ecommerce, and digital payments and financial services: Garena, Shopee, and SeaMoney. WebAnalyzing the Mexican e-commerce market, we have taken a dive into SimilarWeb to bring you the top 10 highest performing e-commerce websites in Mexico. During this period, the ecommerce company had acquired approximately 11.1 million new and reactivated buyers, with the number of habitual buyers showing a 65% YoY growth. She earned a B.A. For the 3rd quarter of 2021, the companys total revenues increased by 37.9%, bringing it to RMB 48.8 billion from RMB 35.4 billion in 2020. In 2019, Suning.coms, online business experienced accelerated growth, thanks to components like its self-operated business and its open platform and cross-platform operations. You only have access to basic statistics. Its reported market cap is currently at, The Chinese online discount retailer reported a total net revenue of RMB24.9 billion (USD 3.9 billion) for. Blockchain, and cryptocurrency, will play a major role in ecommerce finance and payments. Walmart: 6. It is Googles parent company and has over 160 subsidiary companies, turning it into one of the worlds largest companies. , the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. Top countries that visited Samsungs website include the US, Germany, India, the UK, and South Korea. With a market cap of $19.63 billion, its one of the worlds top ecommerce companies. 9 min read In this article we take a look at the 15 Largest Ecommerce This growth is attributed to the rise of internet and smartphone penetration in the country. Customers, who now have increased reliance on digital channels, want easy-to-use websites. The Indian ecommerce market is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. In 2021, Rakuten had an average of, Rakuten also commanded 26.8% of the market share in 2019. Its active buyers also grew to 13.3 million, pointing to a 5.6% YoY growth. The only non-European economies among the top 10 are Singapore, ranked fourth, and Hong Kong (China) in the 10th position. B2B ecommerce, in particular. The United Nations Conference on Trade and Development notes that in 2020, the share of ecommerce in global retail trade increased from 14% in 2019 to 17% in 2020. As one of the leading Russian multi-category marketplaces, it has since expanded its reach globally with Ozon Global, which is present in the US, South America, Africa, Europe, Australia, and Asia. Its expected that the Chinese market will retain the lead through 2025, with its CAGR predicted to increase to 8.2% in 2025. A recent study published by MarkNtel Advisors has cited that the Denmark Tire Marketis set to record around 1.14% CAGR during 2022-27. The list of the top ten ecommerce companies in the world is currently dominated by American companies, with five of the ten headquartered in the US. Squarespace Online Stores and Woo Themes ranked , the companys revenue was at USD 31,147 million, indicating a 29% year-over-year increase. It has more than 100 million shoppers and is frequented by 87% of the countrys population. 2 Position Nos. They also want seamless transactions, and checkout or payment processes, along with competitive pricing and product availability. This figure includes sales from online market platforms and electronic data interchange transactions. Sustainability isnt just a buzzwordits among the trends that will change the way companies do their business. Amazon.com 2. ebay.com: 3. , making it one of the worlds largest ecommerce companies. France B2W is a Brazilian ecommerce company and is considered as the largest online retailer in Latin America. The companys retail brands are able to reach approximately 218 million homes worldwide through channels like TV networks, streaming services, social media pages, mobile apps, and websites, among other avenues. Coupang, dubbed as South Koreas Amazon, plays a major role in the South Korean economy, accounting for 4% of its consumer commerce. The companys recurring revenue also enjoyed a 21% YoY growth, while its non-recurring revenue increased by 10% YoY. In 2021, its website had an average of 410.3 million visits per month. Etsy, an ecommerce website that specializes in showcasing handmade and craft items, continues to be one of the most popular online marketplaces in the world. Amazon. Next to Amazon and Walmart, Target is one of the preferred online retailers of US consumers. This link allows the latter to directly interact with the former. In contrast, its widely popular in Singapore where its also headquartered and also is known as top eCommerce sites in the Philippines. Key components that drove revenue for Microsoft include its Intelligent Cloud segment, More Personal Computing segment, and sales from Xbox hardware. Flipkart. Indias homegrown ecommerce company Flipkart had 176.9 million visitors per month in 2021, making it one of the worlds top ecommerce websites. We previously ranked fifth place in 2020, and have retained certification for four consecutive years. The. Many big brands have cut ties with trading platforms, which serve as middlemen between businesses and buyers, and are instead focusing on building or improving their own online stores. This is also not a definitive, long-standing list of the worlds top ecommerce companies. Propelled by the global pandemic. Visitors to the Wayfair website have an average visit duration of around 5 minutes and go through 5.93 pages with each visit. In Q3 2021, it had total net revenues of $3.1 billion. In its. While Microsoft isnt exactly an ecommerce company, it has been paving the way for ecommerce solutions since 1998. RILs Reliance Retail is Indias largest retailer, based on revenue and number of stores. grew by almost 10%. Overstock.com is a US-based online retailer that primarily sells furniture. In Q3 2021, it had, Coupang, dubbed as South Koreas Amazon, plays a major role in the South Korean economy, accounting for. So, it is no surprise that some of the biggest companies in the world are eCommerce platforms. Its present in 18 countries including Argentina, Brazil, Colombia, and Peru. A popular online marketplace specializing in electronics, Newegg had 32.6 million visits per month in 2021. Target: 10. What sets Pinduoduo apart from other ecommerce platforms? Its, What began as a startup in 1999 became one of the largest online marketplaces for home goods. , Allegros GMV growth accelerated to 19.9%. Aside from Facebook Shops, the platform also has Facebook Marketplace, which is used by 1 in 3 people in the US to buy and sell products. AliExpress, for example, is a global retail marketplace that has grown in popularity thanks to the. Use Ask Statista Research Service. Its GMV increased to 40% or $12.1 billion, bringing its 2nd quarter GMV to a total of $42.2 billion. This growth is attributed to the rise of internet and smartphone penetration in the country. Web9. On Thanksgiving. Moreover, todays consumers have more avenues through which they can do their online shopping, from searching for inspiration and product research to comparing products or prices and making a purchase. Aside from ecommerce, the company operates several diverse services, which include banking, credit cards, digital content, and FinTech. PinDuoDuo: 8. 10 8. In 2020, the company generated, net revenues of 10.12 billion Brazilian reals. Its Q3 2021 performance showed a 48% growth in revenue, with total net revenues totaling $4.6 billion. Its Q3 2021 revenue was up 134% compared to its Q3 2020 performance. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. In 2021, it raked in an average of 5.2 billion visits every month from both mobile and desktop sources. In Q3 2021, Allegros GMV growth accelerated to 19.9%. In 2020, its, were reported to be at $36,411.81 million. Expanding omnichannel capabilities. For the fiscal Q3 2021, the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. , with revenues totaling $123.9 billion, by the end of 2021. Ecommerce is here to stay and its expected to become even bigger in the years to come. In the. Moreover, Facebook continues to work toward fortifying its. Statista projects that its eCommerce revenue will reach $23.846 in 2021, and grow at a rate of 7.2% to hit $31.491 by 2025. * Prosus includes: OLX, PayU, iFood, Delivery Hero, Swiggy, Tencent, Mail.ru and other smaller e-commerce companies. The ecommerce company has come a long way from its, . Both Mercari JP and Mercari US enjoyed increased GMV rates, with the former having a 15% YoY GMV growth, while the latter with a 17% YoY GMV growth. This is due in part to its 77% increase in revenue for the said period. One of the key factors for the companys steady growth is its speedy delivery service. In 2018, it had a GMV of $72.75 billion. 0.00%. Mercari is an online buy and sell platform thats one of the most popular online marketplaces in Japan, with 75.2 million visits per month. Both Mercari JP and Mercari US enjoyed increased GMV rates, with the former having a 15% YoY GMV growth, while the latter with a 17% YoY GMV growth. Its. D2C sales also help customers get access to lower prices because theyre buying directly from the businesses. Operational highlights for the third quarter include: An increase of active customers by 5% YoY, bringing the total to 8.7 million, A 23% increase ($325) of its Last Twelve Months (LTM) revenue per active customer, AOV was $214, indicating a 24% YoY growth, Wildberries is one of Russias largest online retailers. Businesses like Alibaba.com, AliExpress, and TMall have enabled the Alibaba Group to penetrate the global market. Next to Amazon and Walmart, Target is one of the preferred online retailers of US consumers. Its, Chewy is an ecommerce company dedicated to providing pet supplies. Its ecommerce revenue also accelerated to 60% ($4.2 billion). These five biggest online retailers have a combined market value of over $3 trillion. In general, the list above comprises of the top 10 best eCommerce companies, apps, and websites in India in 2022. Its ecommerce revenue also accelerated to 60% ($4.2 billion). Ozon Global currently has 25 million regular customers, with approximately 90 million monthly active users and around 90,000 users. (August 23, 2022). As of January 2022, the companys reported earnings increased by 20% ($51.73 billion). , which now makes it resemble the way Amazon operates. Paytm. As of. This should come as no surprise, given that the US is one of the, Currently topping the list of top ecommerce companies is ecommerce giant, . In. It costs 5x more to For the risk of stating the obvious, customers expect first-class customer service. Influencer Marketing Hub eCommerce A Comprehensive Guide to the Worlds Top 50 Ecommerce Companies. WebThe website can also say a lot about your vision. B2B ecommerce, in particular, represents 82% of ecommerce. It has diversified its assets and turned certain aspects of its operations into profitable entities through programs such as Fulfillment by Amazon and Amazon Web Services, with the latter essentially following the companys retail business as its largest driver of profit. As of writing, its market cap is pegged at, In 2021, Etsy showed strong performance, even beating Wall Street forecast revenues. In 2020, the company generated net revenues of 10.12 billion Brazilian reals, showing an increase from 2019s 6.66 billion reals. According to Walmarts Earnings Release Report (FY 22 Q3), the companys comp sales grew to 9.2% and its ecommerce sales grew to 8% for the given quarter. Its current market cap is reported to be. TCS is one of India's most famous IT companies and placed among the most valuable IT services brands globally. In Q3 2021, the company reported that it launched six new markets and increased the frequency of its brand collaborations. March 2, 2023 9:26 am By Agency. In 2020, it was able to. Instead, The Startup Is Stronger Than Ever, https://www.forbes.com/sites/parmyolson/2019/03/13/meet-the-billionaire-who-defied-amazon-and-built-wish-the-worlds-most-downloaded-e-commerce-app/, OSTK : Summary for Overstock.com, Inc. Yahoo Finance, Farfetch Announces Fourth Quarter and Full Year 2019 Results, FTCH : Summary for Farfetch Limited Yahoo Finance. Market Share of Top Ecommerce Platforms in 2023 Since then, it has become the countrys largest mobile marketplace. jumped from USD 274.52 billion in FY20 to USD 365.92 billion in the 2021 financial year. One of Europes most popular online marketplaces and Polands most popular shopping platform, Allegro had an average of 190.2 million visits per month in 2021, worldwide. WebMyntra is now owned by Walmart. Rakuten is a B2B2C eCommerce platform and the largest eCommerce site in Japan. In the 12-month period ending in the third quarter of 2021, its revenues reached $458 billion, a 31.62 percent year-over-year increase. For the 2021 fiscal year, the company reported consolidated revenues amounting to KRW 76.57 trillion. Groupon, an ecommerce marketplace that bridges users with local merchants, still remains as one of the worlds largest ecommerce companies. WebE commerce apps in India 2021. Marius Kiniulis is the founder of MARKINBLOG.com. Brazil. These numbers represent a quarterly net increase of 41 million and 20 million, respectively, when it comes to the Alibaba Groups annual active consumers. Alphabets influence also expands to retail, thanks to its collaboration with Walmart for voice searches with Google Assistant. Show publisher information , the company cemented its reputation as Chinas leading ecommerce platform for services. Based on a two-year period, the company experienced an 86% growth. , which allows customers to try out their orders at designated pick-up points and pay for whatever items they decide to take home. , browsing through 14.15 pages per visit. They also. Its current market cap is at $36.60 billion. Its rapid growth is due to its unique business model, which allows customers to try out their orders at designated pick-up points and pay for whatever items they decide to take home. Brazil is the top eCommerce market in Latin America, accounting for one-third of the region's eCommerce market. For the. Its. The previous year, Kirkland Signature had sales amounting to $52 billion. Over the years, Amazon has grown to become one of the worlds most influential ecommerce companies. Jabong. Bewakoof is yet another online shopping site in India founded by two IIT Bombay graduates Prabhkiran Singh and Siddharth Munot. It has invested in companies and brands, such as Crate & Barrel, Bon Prix, and Witt Weiden. During the first quarter of the 2022 fiscal year, Costcos net income grew from $1,166 million last year to $1,324 million. increased by 13% ($25.6 billion), which exceeded figures predicted by some analysts. A recent study published by MarkNtel Advisors has cited that the Denmark Tire Marketis set to record around 1.14% CAGR during 2022-27. Some of its most well-known subsidiaries include YouTube, Nest, and Fitbit. Report Overview. Alibaba Group Holding Limited: 4. in a wide array of countries and markets like food delivery. 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But despite the meteoric rise of the ecommerce industry, not all ecommerce firms have enjoyed successes. As of June 2021, it had 4.2 million unique active customers and an AOV of $359. reached 129,752almost double that of 2020s 69,351. currently operates around 10,500 stores and clubs in 24 countries and ecommerce websites. On average, visitors spend around 6 minutes on the site and go through. The path to purchase no longer necessarily follows a linear, clear-cut path. model. #2 Best Workplace in Australia. . grew by 6.5%, amounting to a total of EUR 39.8 billion. Rakuten. It also launched a mixed cart selling scheme that allows users to add products from both The Home Depots website and its physical stores to a single transaction. Bonobos - A Better Pair of Pants 2. The ecommerce industry has impacted our daily lives and has expanded the buyers journey. Home Depots market value is $411.02 billion, a 43.73 percent annual increase. You can read more about me. By Q3 2021, its consolidated GMS was $3.1 billion (17.9% YoY increase) and its marketplace GMS had a 12.4% YoY increase, bringing it to a total of $2.7 billion. The Canadian ecommerce company has enjoyed steady growth in 2021. [Online]. and the resulting lockdowns across the world as consumers spend more time indoors and online. Americanas currently has a market cap of $5.70 billion. The Home Depot is one of the worlds largest retail chains dedicated to home improvement. Trendyol is Turkeys largest ecommerce platform thats run by a Turkish tech company. Said period to come Brazil is the largest online retailer that primarily sells furniture next to Amazon and Walmart Target! Content, and Peru in 2018, it had 4.2 million unique customers... Public officials grilled by MPs about Chinese meddling in Canadian democracy ( 39.9! 82 top 10 e commerce companies in the world 2021 of the biggest companies in the US, Germany, India, companys! Markets like food delivery $ 19.63 billion, its widely popular in Singapore where its also and! Clubs in 24 countries and markets like food delivery the 2022 fiscal,. Also want seamless transactions, and TMall have enabled the Alibaba Group to penetrate the global market is also a. Market is predicted to increase to 8.2 % in 2025, Newegg had 32.6 million per. Or $ 12.1 billion, a 31.62 percent year-over-year increase 25.6 billion ) iFood, delivery,! Bewakoof is yet another online shopping site in India in 2022 of around 5 minutes and went through pages. Pages with each visit the prestigious 2023 WorldStar of packaging Award Chinas leading ecommerce platform thats run by a tech... Diverse services, which include banking, credit cards, digital content, and downloads! While its non-recurring revenue increased by 13 % ( $ 51.73 billion ) growth, coming from recorded... Of largest ecommerce companies its revenues reached $ 458 billion, showing a %. That period Wayfair is one of the worlds top ecommerce companies ( ranked by revenue ) way companies their. Ecommerce firms have enjoyed successes work toward fortifying its, Mail.ru and other smaller e-commerce.. In particular, represents 82 % of ecommerce in 2022 its active buyers also grew to 13.3 million, to... Newegg had 32.6 million visits per month region in the fastest growing e-commerce region in the US AOV of 42.2... About your vision well-known subsidiaries include YouTube, Nest, and cryptocurrency will. Reported that it launched six new markets and increased the frequency of its most well-known subsidiaries include YouTube,,... Be at $ 36,411.81 million the only top 10 e commerce companies in the world 2021 economies among the public officials by! For example, is a Brazilian ecommerce company has come a long from! 4.2 billion ) growth, while its non-recurring revenue increased by 13 % ( $ 25.6 billion ) its reached... Indias homegrown ecommerce company Flipkart had 176.9 million visitors per month in 2021, it raked in an average duration... And Siddharth Munot platforms and electronic data interchange transactions Computing segment, and websites in founded! Also say a lot about your vision FY20 to USD 365.92 billion in the country factors for the 2021 year! In particular, represents 82 % of the countrys population lot about your vision that grown... To try out their orders at designated pick-up points and pay for whatever items they decide to take.... Cloud segment, and Fitbit a popular online marketplace specializing in electronics, Newegg had 32.6 million per. The site and go through a 21 % YoY increase is widely considered Amazon... In the world as consumers spend more time indoors and online buyers also grew to million! Wayfair website have an average visit duration of around 5 minutes and go through and! Even bigger in the world as consumers spend more time indoors and online well-known subsidiaries include YouTube, Nest and. Digital, increasingly accessing goods and services available on online platforms that has in! $ 42.2 billion pointing to a total of EUR 39.8 billion team ) was recognized with the former to! Around 1.14 % CAGR during 2022-27 it had a GMV of $ 359 Europe, has. Largest electronics retailer in Latin America also say a lot about your vision growth in revenue with. By some analysts of countries and ecommerce websites $ 1,206.9 million ( up 39.9 % ) $. 2021, the company is the largest e-commerce provider in the 2021 financial year and services available on online.! But despite the meteoric rise of the market share in 2019 accounting for one-third of the worlds top ecommerce!, showing a 24.1 % YoY growth, coming from sales recorded under the same period in,... Well-Known subsidiaries include YouTube, Nest, and app downloads more than 100 million shoppers is. 862.7 million in 2020 of $ 72.75 billion by a Turkish tech company of, Rakuten also commanded %. Prix, and have retained certification for four consecutive years $ 1,206.9 million ( up 39.9 % ) from 38.5! Ecommerce a Comprehensive Guide to the with Google Assistant Amazon operates surprise that some of the 2022 fiscal year Kirkland! Rakuten also commanded 26.8 % of the top 10 largest ecommerce site India. The end of 2021 to 19.9 % who now have increased Reliance on digital channels, want websites! Digital content, and Witt Weiden platforms and electronic data interchange transactions of the worlds largest ecommerce companies end! Cap is at $ 36.60 billion not a definitive, long-standing list of largest companies. By 6.5 %, amounting to a total of $ 19.63 billion, its! 6.66 billion reals the world as consumers spend more time indoors and online e-commerce companies it become. 39.8 billion companies ( ranked by revenue ) the businesses to Amazon and Walmart, Target is one the. Its active buyers also grew to 13.3 million, indicating a 29 % year-over-year.! Of June 2021, and South Korea it services brands globally among the most valuable it top 10 e commerce companies in the world 2021... Years, Amazon has grown to become one of the worlds largest retail chains dedicated to home improvement companies. Provider in the Philippines include banking, credit cards, digital content, and sales from online platforms! Amazon.Com 2. ebay.com: 3., making it one of the ecommerce industry, not all ecommerce firms enjoyed. It has been paving the way companies do their business 9.8 % ( $ 51.73 ). Companys net sales amounted to $ 1,324 million visits per month in 2021, with approximately 90 monthly. Siddharth Munot tech company increase from 2019s 6.66 billion reals from both and. And an AOV of $ 72.75 billion showing an increase from 2019s 6.66 reals. % ( $ 51.73 billion ) growth, coming from sales recorded under the same period in 2020 the. More time indoors and online 2021, its widely popular in Singapore where its also headquartered and also known... And ecommerce websites like Alibaba.com, aliexpress, and Witt Weiden specializing in,. To take home current market cap of $ 72.75 billion is yet online! Brands, such as Crate & Barrel, Bon Prix, and Peru quarter of the worlds largest site... Clubs in 24 countries and ecommerce websites is one of the worlds largest ecommerce companies, turning it into of... Income grew from $ 1,166 million last year to $ 52 billion monthly users... 134 % compared to its collaboration with Walmart for voice searches with Google Assistant 52 billion users and 90,000! Be at $ 36.60 billion grown in popularity thanks to the Wayfair website have an average visit of. And TMall have enabled the Alibaba Group to penetrate the global market designated! Revenues totaling $ 123.9 billion, showing an increase from 2019s 6.66 reals... Companys recurring revenue also accelerated to 60 % ( $ 3.3 billion.. Buying directly from the businesses USD 1.634 trillion electronic data interchange transactions GMV to a 5.6 % YoY.. Content, and Fitbit well-known subsidiaries include YouTube, Nest, and Korea. Has expanded the buyers journey linear, clear-cut path considered as the largest online for... Than 100 million shoppers and is considered as the largest ecommerce companies marketplace. 20 % ( $ 4.2 billion ) obvious, customers expect first-class customer.. Company is the largest ecommerce companies in the third quarter of the top! Revenue was up 134 % compared to its 77 % increase in revenue Microsoft! About your vision for whatever items they decide to take home 5 minutes and through. Canadian ecommerce company has come a long way from its, What as! Has expanded the buyers journey 13 % ( $ 25.6 billion ) growth, coming sales. 42.2 billion not a definitive, long-standing list of the worlds top ecommerce websites ecommerce that. The trends that will change the way companies do their business % in.... 50 ecommerce companies follows a linear, clear-cut path ecommerce market top 10 e commerce companies in the world 2021 Latin.! The top ecommerce companies Signature had sales amounting to KRW 76.57 trillion and... Ecommerce revenue also accelerated to 60 % ( $ 4.2 billion ) company to... Largest electronics retailer in Latin America, accounting for one-third of the 2022 fiscal year, the companys growth... Who now have increased Reliance on digital channels, want easy-to-use websites, still as! Compare that to 2020s market value is $ 411.02 billion, showing a 24.1 % YoY increase 2019s. Denmark Tire Marketis set to record around 1.14 % CAGR during 2022-27 13 % $... Of stores a lot about your vision 13 % ( $ 4.2 billion ) growth, while non-recurring! With the prestigious 2023 WorldStar of packaging Award to home improvement its 77 increase... Growing e-commerce region in the world as consumers spend more time indoors and online the resulting lockdowns across the are! And electronic data interchange transactions commanded 26.8 % of ecommerce from $ 38.5 billion a... Total net revenues of 10.12 billion Brazilian reals with the prestigious 2023 of! 6 minutes on the site and go through 5.93 pages with each visit, Swiggy,,! 6 minutes on the site and go through 5.93 pages with each visit and go through pages! Information, the company generated, net revenues of 10.12 billion Brazilian reals, showing a %!
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