Better Buy: Amazon vs. Etsy
E-commerce has been one of the defining trends of the last decade, and marketplaces like Amazon (NASDAQ: AMZN) and Etsy (NASDAQ: ETSY) have benefited greatly as sales have shifted online. Not surprisingly, that's translated into big gains for investors, with shares of Amazon and Etsy up 100% and 445%, respectively, in the last three years.
Even so, the e-commerce revolution is far from over. According to eMarketer, just 18% of all retail sales occurred online in 2020, and that figure will only reach 19.5% in 2021. That leaves plenty of room for these digital disruptors to grow. But which is the better buy, Amazon or Etsy?
Jeff Bezos founded Amazon with a mission: to build the world's most customer-centric company. To that end, he helped pioneer e-commerce, bringing an ever-expanding shopping experience to consumers in the comfort of their homes.
Source Fool.com
