E-Commerce Today - iHerb's Growth and Global Reach Continue to Impress

iHerb, a prominent player in the e-commerce sector specializing in health and wellness products, achieved a significant milestone in 2024 with over $2.4 billion in net sales, marking a 14.5% year-over-year growth. The company fulfilled 37 million orders across 180 countries, driven by robust customer demand and high repeat customer engagement, with 73% of orders coming from returning customers. iHerb's expansion of its product portfolio and operational advancements, including shorter global shipping times and reduced costs, underscored its position as a leading online retailer. As iHerb plans for future growth, its strategic initiatives include increasing customer loyalty and expanding product offerings, demonstrating its commitment to maintaining strong market presence amidst global challenges.

In other market news, AUTO1 Group (XTRA:AG1) was a notable mover up 20.7% and finishing the session at €22.70, at its 52-week high. This week, AUTO1's stock surged 20.7% to a 52-week high of €22.70 following its recent Q4 2024 sales/trading statement call. At the same time, Glanbia (ISE:GL9) softened, down 23.6% to finish the session at €11.20, hitting its 52-week low. On Wednesday, the company announced plans to sell-off its underperforming Slim-Fast brand as part of a broader cost-cutting strategy.

Amazon is enhancing AI capabilities and cost efficiencies to boost profitability. Click to explore the full narrative on Amazon's strategic initiatives.

For more on the impact of market dynamics on the E-Commerce sector, revisit our Market Insights article, "Building A Dollar Proof Portfolio For 2025," which discusses how fluctuations in the US dollar, influenced by global policies and economic factors, can affect multinational E-Commerce companies' revenue streams.

Best E-Commerce Stocks

• Alibaba Group Holding (NYSE:BABA) settled at $139.08 up 3.8%, hovering around its 52-week high.
• Amazon.com (NasdaqGS:AMZN) closed at $214.35 up 0.7%. This week, the company's labor negotiations involving warehouse closures in Quebec are now under arbitration following a deadlock.
• Adobe (NasdaqGS:ADBE) finished trading at $441.50 down 0.4%.

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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.

Sources:

• Simply Wall St
• "iHerb Surpasses $2.4 Billion in Sales, Solidifying Leadership in Global Health and Wellness" from iHerb Holdings, Inc. on GlobeNewswire (published 24 February 2025)

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