3 Cheap E-Commerce Stocks to Buy Now: May 2024
JMIAJumia(JMIA) InvestorPlace·2024-05-15 20:04

Dismissing e-commerce as a fading trend is farcical. I means it’s not the most ‘it’ thing for investors following the generative AI explosion, but the market still has a spectacular growth runway ahead. Moreover, a recent Shopify (NYSE:SHOP) report showed that global e-commerce revenues could potentially jump to 6.33trillionthisyearandroughly6.33 trillion this year and roughly 8 trillion by 2027. Hence, writing off cheap e-commerce stocks would be foolish. As we look ahead, I expect traditional retail models to continue buckling under ...