Purchasing Power has ranked number 103 in the recently-released Internet Retailer 2017 Mobile 500, up from number 156 in 2016, the company said.
According to Internet Retailer, top players in the Mobile 500 dial in to new mobile technologies that expand beyond launching m-commerce sites and apps and offer mobile commerce. Mobile sales (smartphone and tablet) by the world´s 500 leading mobile commerce sites are on pace to reach USD220.4 billion in 2016, up 53.4 percent from USD143.7 billion in 2015.
Purchasing Power said its mobile sales in 2016 are projected to grow by 40 percent.
Internet Retailer´s 2017 Mobile 500 is an annual ranking profile of the world´s 500 largest mobile commerce competitors by annual mobile sales and other key metrics.
Purchasing Power, LLC is a voluntary benefit company, offering an employee purchase program through an online platform. Purchasing Power is available to 7.8 million people through large companies including Fortune 500s, associations and government agencies.