Forget eBay, Shopify Is a Better E-Commerce Stock
Earlier this year, Shopify (NYSE: SHOP) surpassed eBay (NASDAQ: EBAY) as the second-largest e-commerce platform in the U.S. by sales volume after Amazon (NASDAQ: AMZN).
That was a humbling blow for eBay, the world's first online auction platform for person-to-person transactions. It also explains why Shopify stock has soared more than 3,700% over the past five years. During that same period, eBay stock rose 76% and Amazon stock advanced 375%.
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Source Fool.com
