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The e-commerce fulfillment services market is projected to grow significantly, reaching an estimated value of USD 272.14 billion by 2030. This growth is driven by the global expansion of internet accessibility and the rising number of online shoppers, leading to increased demand for faster delivery solutions. Established e-commerce players have optimized their logistics with strategically located fulfillment centers to meet such demands, enhancing efficiencies in last-mile delivery. The surge in e-commerce startups and small to medium-sized enterprises increasingly relies on third-party fulfillment services to manage their distribution challenges, fueling market growth. As a result, a competitive landscape has emerged with various service providers, including ShipBob, Red Stag Fulfillment, and ShipMonk, offering comprehensive solutions akin to those of major players like Amazon.

• Amazon.com last closed at $223.35 up 2.6%, near its 52-week high.

In other trading, Currys was trading firmly up 10.7% and ending trading at £0.91. Currys announced a final dividend intention amidst strong cash flow two days ago. In the meantime, Buckle trailed, down 6.4% to close at $48.35.

Amazon's focus on AI and fulfillment optimization aims to boost profitability and market expansion. Click through to explore the comprehensive narrative on Amazon's strategic initiatives.

Also, take a look at our Market Insights article titled "AdTech Stocks Thrive As Digital Advertising Expands," where we discussed how the growth of digital advertising and advancements in technology continue to bolster the e-commerce landscape and present lucrative opportunities in adtech.

Best E-Commerce Stocks

• Adobe settled at $417.28 up 1.1%, hovering around its 52-week low. Adobe announced this week the launch of the Creative Skills Academy in the UK as part of its global initiative to develop AI skills by 2030.

• Alibaba Group Holding finished trading at $82.44 up 0.9%.

• NIKE ended the day at $71.07 down 0.1%, near its 52-week low.

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• Explore the 225 names, such as Sofina Société Anonyme, Union Coop and Air Transport Services Group, from our E-Commerce Stocks screener here.

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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.