ecommerce

After the huge IPOs from AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) last week, the week of December 13 takes a slight breather with only three IPOs scheduled and one potential blockbuster. Upstart Holdings: Cloud-based lending company Upstart Holdings Inc (NASDAQ: UPST) plans...

Online personal styling service company Stitch Fix, Inc. (NASDAQ: SFIX) reported fiscal first-quarter results highlighted by a 10% revenue growth that helped contribute to a surprise profit. But not all of Wall Street is convinced this marks the early stages of sustainable growth moving forward....

Jumia Technologies (NYSE: JMIA) is an African e-commerce company that covers a population of 600 million people. A November presentation laid out the company’s turnaround efforts and plans for future growth that are summarized below. Jumia E-commerce: Jumia has 6.7 million annual active...

One IPO is set to price the shortened week of Thanksgiving, but it's a big one. The Offering: Ozon Holdings (NASDAQ: OZON) plans to sell 30 million ADS at a price point of $22.50 to $27.50. Ozon is a large e-commerce company in Russia, a large fragmented market. The two largest...

Wish, the e-commerce platform known for low-priced Chinese-made goods, has filed for an IPO. What Happened: ContextLogic Inc., which owns the e-commerce brand, filed its prospectus with the U.S. Securities and Exchange Commission on Friday. The company is expected to...

A leading Chinses beauty e-commerce company will hit the public market Thursday. The Offering: Yatsen (NYSE: YSG) plans on selling 58.75 million ADS at a price point of $8.50 to $10.50. The company says it has the no. 1 online color cosmetics brand in China with Perfect Diary. Little Ondine is...

Stitch Fix Inc (NASDAQ: SFIX) is a mid-tier online apparel retailer stuck in the most competitive market segment and the stock has downside potential of around 30% from Monday's close, according to Morgan Stanley. The Stitch Fix Analyst: Lauren Schenk initiated coverage of Stitch Fix's...

The IPO market heats up this week with six companies expected to go public. This includes two health care-related companies, a new kind of REIT, a cybersecurity company, Chinese beauty e-commerce company Yatsen and iLottery company NeoGames. Aspire Real Estate Investors: A new REIT will hit the...

Leading African e-commerce company Jumia Technologies (NYSE: JMIA) reported third-quarter earnings Tuesday morning. Shares fell on a decline in revenue, but the move could be overdone as the company shifts its business to improve profitability. Earnings: The gross merchandise value fell 28% year-...

E-commerce stocks are up in 2020 as the COVID-19 pandemic has sped up the online shopping shift. Many e-commerce companies now need to turn these initial purchasers into long-term customers to keep their revenue and share gains going forward. Wayfair Inc: Shares of Wayfair Inc (NYSE: W) are up...

Gun stocks were rallying ahead of the 2020 presidential election, and October sales and background checks set records — which could be positive for companies selling guns and ammunition. Record Background Checks: The FBI reported a record number of background checks for firearm sales in...

Amazon.com, Inc. (NASDAQ: AMZN) saw its largest two-day period for third-party sales when it hosted its Prime Day event on Tuesday and Wednesday. What Happened: Third-party gross merchandising value during Amazon's Prime Day event rose an estimated 60% from last year to $3.6 billion and...

Amazon.com, Inc. (NASDAQ: AMZN) is on track to boast more than 1 million employees by the fourth quarter after announcing on Monday 100,000 new fulfillment network jobs in the U.S. and Canada. The Amazon Analyst: BofA Securities Justin Post maintains a Buy rating on Amazon's stock with a $...

Walmart Inc. (NYSE: WMT) late Monday rolled out its Walmart+ subscription membership program that promises free same-day deliveries on groceries and general merchandise. The initiative, which will cost members $98 a year or $12.95 per month, expands a pure e-grocery delivery program that Walmart...

FedEx Corp. (NYSE: FDX) and UPS Inc. (NYSE: UPS) have a holiday message for their big customers: Prepare to pay up or prepare to pound sand. An extraordinary year for parcel shipping will conclude with an equally extraordinary peak season. Carriers are bracing for unprecedented volumes as the...