1 Hot E-Commerce Stock a Better Buy Than Shopify?
Global-e Online (NASDAQ: GLBE) has continued its hot streak. The small e-commerce service provider handily beat its own financial guidance once again during its second-quarter earnings update.
Up to this point, I've passed on Global-e because Shopify (NYSE: SHOP) is a shareholder and key services-integration partner, so my stake in Shopify yields some ancillary exposure to Global-e too. But after a post-earnings sell-off, the smaller software provider looks intriguing.
Global-e is a software-service suite for companies that sell online -- and specifically for those that want to sell outside of their home country. The business offers services like website customization (including currency exchange and payment acceptance) for specific countries, shipping and logistics integration, taxes, and the like. Its software integrates with Shopify, where it will soon be releasing Shopify Markets Pro for cross-border e-commerce, and with Meta Platforms shops for Facebook and Instagram.
Source Fool.com
Shopify Inc Aktie
Leichtes Buy-Übergewicht bei Shopify Inc mit 5 Buy- gegenüber 1 Sell-Einschätzungen.
Für Shopify Inc ergibt sich mit einem Kursziel von 75 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 68.26 €.
