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E-Commerce Update - Emerging Markets Forecasted To Excel In Online Retail Growth
Reviewed by Simply Wall St
The report "Online Retail Top 5 Emerging Markets Industry Guide 2019-2028" has been added to ResearchAndMarkets.com's offerings, spotlighting the growth potential in major emerging markets for online retail. Highlighting Brazil, China, India, Mexico, and South Africa, the report predicts these nations will collectively reach a value of $1.41 trillion by 2028, growing at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2028. China leads the charge in this sector, with an expected market revenue of $1.14 trillion by 2028, followed by India and Mexico. This analysis underlines the competitive landscape and growth prospects within these key markets, providing essential data and insights for understanding the online retail sector's trajectory.
In other market news, DCI Indonesia (IDX:DCII) was a standout up 12.7% and ending the day at IDR46,525.00. At the same time, zooplus (HMSE:ZO1) trailed, down 7.0% to close at €264.00.
Best E-Commerce Stocks
- Amazon.com (NasdaqGS:AMZN) ended the day at $235.01 up 1.9%, hovering around its 52-week high. On Wednesday, Energous joined the AWS Partner Network to enhance IoT supply chain solutions for food safety compliance.
- Alibaba Group Holding (NYSE:BABA) settled at $86.40 up 1.2%.
- NIKE (NYSE:NKE) closed at $74.04 up 1.2%.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NasdaqGS:AMZN
Amazon.com
Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
Flawless balance sheet with solid track record.