This Week In E-Commerce - iHerb's Global Expansion Drives $2.4B Sales Milestone

In 2024, the e-commerce industry witnessed significant developments, highlighted by iHerb's remarkable achievement of surpassing $2.4 billion in net sales. As an online retailer for health and wellness products, iHerb fulfilled 37 million orders across 180 countries, demonstrating strong customer demand and market presence. The company's strategic initiatives, including an expanded product portfolio and enhanced global reach through investments in culturally diverse products and multiple digital marketplaces, contributed to this growth. Additionally, operational improvements such as reduced shipping times and costs have bolstered iHerb's service capabilities, enabling it to offer free shipping in numerous regions.

Elsewhere in the market, Synagistics (SEHK:2562) was trading firmly up 30.5% and closing at HK$30.60. This week, the company announced a joint venture to launch Geene, an AI platform integrating multiple AI models with blockchain for enhanced enterprise intelligence. Meanwhile, Nice One Beauty Digital Marketing (SASE:4193) lagged, down 9.9% to end the day at SAR48.10.

Alibaba's strategic investments in AI and cloud infrastructure aim to boost growth. Click here to explore the detailed narrative on Alibaba's potential.

Take a look at our Market Insights article titled "Which Markets Will Sink Or Swim In 2025," where we discussed the potential growth of E-commerce platforms and online retailers benefitting from government subsidy programs in China, highlighting a key investment theme for the upcoming year.

Best E-Commerce Stocks

• Alibaba Group Holding (NYSE:BABA) closed at $141.03 up 8.6%, not far from its 52-week high.
• Amazon.com (NasdaqGS:AMZN) settled at $208.36 up 2.2%. The company announced on March 5, just yesterday, that its "Buy with Prime" offering is now fully available for products on Gabb.com, enhancing customer experience and shopping convenience for Prime members.
• Adobe (NasdaqGS:ADBE) settled at $451.24 up 1.2%. On Wednesday, TransPerfect announced a new GlobalLink integration for Adobe Journey Optimizer, enhancing translation management capabilities.

Make It Happen

• Unlock our comprehensive list of 232 E-Commerce Stocks like Ccoop Group, Delta Galil Industries and Nahdi Medical by clicking here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

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 03 March 2025)

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com