Why Shopify Investors Should Root Against an Amazon Breakup
For a long time, it looked like no one would touch Amazon's (NASDAQ: AMZN) e-commerce dominance. But over the past five years, Shopify (NYSE: SHOP) has emerged as a thorn in the company's side.
Shopify doesn't have a marketplace like Amazon, but the software-as-a-service company helps anyone establish an e-commerce website. It has grown from hosting 140,000 merchants in 2014 to over 820,000 today. The stock is up 1,400% since going public four years ago.
On the surface, it looks like things could only get better. Some in the American public are calling for a breakup of Amazon. Shopify investors should be cheering, right?
Source Fool.com
