Market Insights on E-Commerce Stocks
MercadoLibre (NASDAQ: MELI) saw its unique buyers grow by 26% year-over-year to 76 million in the recent quarter. With over 650 million people in Latin America—a region with significant e-commerce growth potential—MercadoLibre increasingly dominates the market. Its total revenue surged from $6 billion to over $26 billion over the past four years, supported by 72 million fintech users, up 29% from the previous year.
Shopify (NASDAQ: SHOP) reported a 31% year-over-year revenue growth in its fourth quarter, leveraging AI to enhance online shopping experiences. The company has partnered with Google to enable merchants to sell directly through AI search, leading to a 15-fold increase in orders since January. Despite a 38% drop from its recent high, Shopify’s long-term outlook remains optimistic as the global e-commerce market continues to grow, currently valued at around $4 trillion.
