Amazon has acquired Selz, a 7-year-old startup that helps entrepreneurs sell products online. The deal signals Amazon's continued focus on third-party sellers…
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Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelor s degree from Texas A&M Univesity, and M.S. from the University of North Texas, and an MBA in finance and strategy from the University of Texas at Dallas Jindal School of Management. Follow @HealyWriting
Shopify (NYSE:SHOP) continues to remain on investors shopping lists. As the pandemic increased the need for e-commerce retail, Shopify helped to improve the lot of merchants and investors alike. However, the rising popularity of both the platform and the stock has taken the valuation to new highs,
Baidu (NASDAQ:BIDU) and see where they could be headed next.
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1. Lululemon
Lululemon, which carved out a high-growth niche in premium yoga apparel and activewear, went public at $18 per share in 2007. You could have bought 55 shares for $1,000, which would have been split into 110 shares in 2011. That position would be worth nearly $40,000 today.
Lululemon s annual sales rose from $269.9 million in fiscal 2007 to $4.0 billion in fiscal 2019. Analysts expect its revenue to rise 9% to $4.3 billion this year, even though the pandemic throttled its growth in the first two quarters, and climb another 24% to $5.4 billion in fiscal 2021.
Lululemon s rapid growth was driven by three catalysts: its first-mover s advantage in the premium yoga and athleisure market, community-building events like free yoga classes, and the expansion of its direct-to-consumer channel, which locked in shoppers and reduced its dependence on third-party retailers.
MercadoLibre (NASDAQ:MELI) are three top e-commerce stocks that are well-positioned to have their best year ever in 2021. Let s find out why.
Shopify: Powering merchants success
Shopify makes it easy for merchants to set up and run e-commerce stores, but its offerings go way beyond that. The company has built a massive ecosystem to support store owners and power their success.
A massive library of free content and access to thousands of professionals who can help is just the beginning. Last quarter, the company provided over $250 million in capital to merchants for funding growth initiatives. Buy now, pay later options for consumers have helped boost merchants sales during a challenging economic environment. And Shopify s Fulfillment Network offers merchants easy access to an integrated fulfillment solution that s high quality and low cost.