Published on 21 Oct 2022 on Insider Monkey via Yahoo Finance
In this article, we discuss 12 best small cap ecommerce stocks to buy. If you want to read about some more small cap ecommerce stocks, go directly to 5 Best Small Cap Ecommerce Stocks to Buy.
The global ecommerce sector is dominated by big names such as Amazon.com, Inc. (NASDAQ:AMZN), Alibaba Group Holding Limited (NYSE:BABA), and PayPal Holdings, Inc. (NASDAQ:PYPL). Despite these brands dominating the space, there are several lesser known companies in the industry that offer the same bang for the buck. As global ecommerce sales remain on track to reach 27% of retail sales by 2026, despite macro headwinds and recession fears, investors should take notice of these small cap growth stocks.
A recent report by investment bank Morgan Stanley reveals that even in countries where online shopping is already popular, ecommerce will continue to gain further market share. For example, in parts of Southeast Asia and Latin America, ecommerce could grow 17% and 20%, respectively, over the next five years and compound annually. In South Korea, the sector could grow an astonishing 45% in the next five years, driven by food delivery and same-day options, as well as other innovations.