Bulgarian Retail Potentially Undervalued Companies

Alibaba Group Holding

Market Cap: €383.8b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

H & M Hennes & Mauritz

Market Cap: €277.4b

Provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide.

Amazon.com

Market Cap: €2.3t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.