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Which E-Commerce Stock is a Better Buy? -Breaking

by Mike Robinson

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© Reuters. Comparison of Shopify and ContextLogic: Which Ecommerce Stock Is Better?

ContextLogic Inc. (WISH), which e-commerce stock? Shopify Inc . Is NYSE: currently a more attractive buy? Due to rising concern about the COVID-19 omicron variant, the ecommerce market could see another boom.

ReportLinker estimates that the worldwide e-commerce market will grow at a rate of $10.87 trillion even without any surge. This is a 29% compound annual growth rate (CAGR) between 2021-2025. The increased volume of advertising on social media and the increase in product portfolios are expected to fuel this solid growth.

With this in mind, today I’m going to analyze and compare two major players in the e-commerce market: ContextLogic Inc. (WISH) and Shopify Inc. (SHOP). WISH was established in 2010 and is an ecommerce company based in California. It connects customers to merchants using its Wish platform. Merchants can also get marketplace and logistic services from it. WISH stock lost 78% in the year-to-date (YTD). SHOP, located in Ottawa Canada, offers merchants a cloud-based commerce platform that allows them to manage their businesses in multiple sales channels. SHOP shares have increased by 38% year-to-date (YTD).

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