One of the more notable victims of the 2022 bear market was the e-commerce industry. Most companies revolving around e-commerce took a massive hit, and even Amazon lost over 55% of its value at one point. Nonetheless, most of these companies have moved past the slump and resumed revenue growth -- although their shares have not necessarily followed suit.

Despite an 87% drop from the 2021 high, online products retailer Chewy (NYSE: CHWY) did not experience a yearly revenue decline. And now that it is profitable, investors might want to consider a position before more prospective shareholders take notice.

E-commerce companies have difficulty competing with Amazon. As an e-retailer with numerous other businesses, it appears able to afford to operate its online sales business at cost or even a modest loss if segments such as AWS, advertising, and others drive company earnings.

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Source Fool.com