Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
This Week In E-Commerce - iHerb's Global Expansion Drives $2.4B Sales Milestone

In This Article:

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.

In other market news, Synagistics was a notable mover up 30.5% and ending the day at HK$30.60. Five days ago, the company announced an exclusive joint venture to launch Geene, an advanced AI platform integrating multiple AI models to enhance enterprise intelligence. Meanwhile, Nice One Beauty Digital Marketing trailed, down 9.9% to finish the session 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 finished trading at $141.03 up 8.6%, not far from its 52-week high.

  • Amazon.com settled at $208.36 up 2.2%. This week, Amazon's Buy with Prime expanded its DTC offering to include all products on Gabb.com, enhancing customer experience with fast, free delivery and easy returns.

  • Adobe finished trading at $451.24 up 1.2%. TransPerfect announced, one day ago, a new integration for Adobe Journey Optimizer, enhancing its global translation management within the platform.

Make It Happen

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.