3 Top E-Commerce Stocks to Buy Right Now
It's been almost 25 years since Amazon sold its first book online, and even as many have come to depend on online retailers, e-commerce still only represents 14% of retail purchases globally. But that's changing -- eMarketer reported last year that online purchases are expected to grow by double digits annually and exceed 22% of all retail spending by 2023.
But that forecast was made before the coronavirus pandemic affected how we live, work, and shop. There are already signs that e-commerce adoption has accelerated in recent months. In order to capitalize on this growing trend, let's look outside the U.S. to three regional specialists -- JD.Com Inc (NASDAQ: JD) in China, MercadoLibre (NASDAQ: MELI) in Latin America, and Sea Limited (NYSE: SE) in Southeast Asia -- and see why investors are excited about this international trio.
But first, let's look at some statistics to understand the regional market opportunity where these companies operate.
Source Fool.com
