3 Ways to Invest in the Acceleration of E-Commerce That Aren't Amazon
Online sales have exploded during the coronavirus pandemic, as consumers try to stay home more. Online sales at Walmart, Target, and Best Buy in the first quarter increased by 74%, 141%, and 155%, respectively. Meanwhile, the 800-pound gorilla that is Amazon (NASDAQ: AMZN) continued its steady march, growing global online sales by 24% (Amazon's fiscal quarter ends a month before the other retailers mentioned).
Most analysts believe the spike in e-commerce activity will persist, accelerating the secular shift from in-store shopping to online shopping. As digital commerce continues to grow, Amazon stands to be a big winner, as it dominates the market. But here are three alternative ways to invest in the acceleration in e-commerce.
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Source Fool.com