2 E-Commerce Stocks That Could Help Set You Up for Life
In 2020, e-commerce sales made up 18% of total global retail sales, according to Statista, helped by many companies strengthening their e-commerce presence. By 2024, this market share figure is expected to expand to almost 22% of total retail sales globally.
This growth in e-commerce has been and will likely continue to be spurred by India, Spain, and China, where e-commerce is one of the fastest-growing retail markets. With this broad dominance of e-commerce going forward, two companies could reap immense benefits. I think Shopify (NYSE: SHOP) and Sea Limited (NYSE: SE) could prosper from increased e-commerce, which is why these two stocks could set investors up for life.
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Source Fool.com
