It’s a new year and a new decade. With the change in a year and the decade, the way people shop also changed. The Internet has now changed the way shoppers interact with retailers. The Internet has empowered customers with a wide range of information that is helpful for them to decide what to buy and also give feedback to the brands and retailers.
To gain a competitive edge and to strengthen its business, retailers should focus on embracing new technologies and focused on automation to better leverage growth. The Internet retail industry played an important role in enhancing the reality of online shopping. Internet retail companies are now providing online and mobile commerce businesses for customers.
Here are the top 20 leading companies in the Internet and retail Industry:
Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited (NYSE: BABA) last closed at $282.50, in a 52-week range of $161.68 to $299.00. Analysts have a consensus price target of $301.53. Alibaba Group Holding Limited has announced Wednesday it has raised its ownership interests in logistics company YTO Express. The two companies aimed to make a collaborated effort in express deliveries, wokring on digital technologies, and setting up global logistics network and supply chain.
eBay Inc. (NASDAQ: EBAY)
eBay Inc. (NASDAQ: EBAY) Shares headed falling, lower as much as -3.49%. The most recent rating by CFRA, on August 20, 2020, is at a Hold. eBay Inc. (NASDAQ: EBAY) has expanded its shipping relation with UPS Inc. This decision will combine the services of UPS with eBay’s global platform. eBay disclosed that this partnership will provide its millions of seller easier and deeper access to the carrier’s package delivery portfolio.
Amazon.com Inc. (NASDAQ: AMZN)
Amazon.com Inc. (NASDAQ: AMZN) last closed at $3368.00, in a 52-week range of $1626.03 to $3552.25. Amazon Launchpad Celebrates Five Years of Empowering Startups, Reveals Top-Selling Categories and Brands. Analysts have a consensus price target of $3636.42. Amazon. com, Inc has introduced ‘Alexa for Residentital. Alexa for residential is an all-new service for property managers to set up and manage Alexa-powered smart home experiences throughout their buildings. Amazon has earlier disclosed that it is planning to expand its staff in the UK to 10,000 by the end of the 2020. Its market capitalization has remained high, hitting 168609 billion at the time of writing.
Chewy Inc. (NYSE: CHWY)
Chewy Inc. (NYSE: CHWY) stock drop by -11.64% to $61.94. The most recent rating by Wells Fargo, on August 28, 2020, is at an Overweight. Chewy Inc. (NYSE: CHWY) announced earlier than an investment firm EC Venture which is managed by the co-focunder of Chewy.com has increased its stake in GameStop Corp. Chewy Inc. co-founder Ryan Cohen, now has a 9.6% stake in the company with about 6.2 million shares. Chewy Inc has total market capitalization of 23.69 billion at the time of writing.
Farfetch Limited (NYSE: FTCH)
Farfetch Limited (NYSE: FTCH) fall -7.38% after losing more than -$2.14 on Thursday. Farfetch Limited (NYSE: FTCH) has announced that it has decided to participate in virtual investor conferences such as Goldman Sachs 27th Annual Global Retailing Conference and KeyBanc Capital Markets’ Future of Technology Series on September 10 and 16, respectively. Farfetch Limited has market capitalization of 9.20 billion at the time of writing.
Qurate Retail Inc. (NASDAQ: QRTEA)
Qurate Retail Inc. (NASDAQ: QRTEA) last closed at $10.22, in a 52-week range of $2.60 to $11.11. Analysts have a consensus price target of $12.83. Qurate Retail Inc. (NASDAQ: QRTEA) has earlier annouced the expected ex-dividend date for special dividend and When-Issued trading dates for new preffered stock. Its market capitalization has remained high, hitting $4.30 billion at the time of writing.
Wayfair Inc. (NYSE: W)
Wayfair Inc. (NYSE: W) stock drop by -8.16% to $275.70. The most recent rating by Guggenheim, on August 19, 2020, is at a Buy. Wayfair Inc. (NYSE: W) announced that Niraj Shah, CEO, co-founder and co-chairman, and Michael Fleisher, chief financial officer, will participate in Goldman Sachs 27th Annual Global Retailing Conference.
MercadoLibre Inc. (NASDAQ: MELI)
MercadoLibre Inc. (NASDAQ: MELI) last closed at $1087.12, in a 52-week range of $422.22 to $1270.00. Analysts have a consensus price target of $1170.95. MercadoLibre Inc. board of directors authorize a share repurchase program on Monday. The company is authorized to purchase back up to $350 million of its own stock between now and Aug. 31, 2021.
JD.com Inc. (NASDAQ: JD)
JD.com Inc. (NASDAQ: JD) shares were trading down -5.01% at $79.04 at the time of writing on Thursday.
JD.com Inc. (NASDAQ: JD) share price went from a low point around $27.47 to briefly over $86.58 in the past 52 weeks, though shares have since pulled back to $79.04. JD market cap has remained high, hitting $126.38B at the time of writing, giving it a price-to-sales ratio of more than 1.
If we look at the recent analyst rating JD, Barclays reiterated coverage on JD shares with an Overweight rating and a $77.27 price target, which implies room for -1.77% downside momentum this year.
Vipshop Holdings Limited (NYSE: VIPS)
Vipshop Holdings Limited (NYSE: VIPS) stock soar by 4.49% to $17.23. The most recent rating by JP Morgan, on August 21, 2020, is at a Neutral. Vipshop Holdings Limited (NYSE: VIPS) market cap continued to remain high, hitting 11.76 billion.
Pinduoduo Inc. (NASDAQ: PDD)
Pinduoduo Inc. (NASDAQ: PDD) fall -5.02% after losing more than -$4.53 on Thursday. Pinduoduo Inc. (NASDAQ: PDD) has 52-weeks low and high range of $30.02 and $98.96, respectively. It has moved up 185.68% from its 52-weeks low and moved down -13.34% from its 52-weeks high. PDD market capitalization has remained high, hitting $99.27 billion.
Overstock.com Inc. (NASDAQ: OSTK)
Overstock.com Inc. (NASDAQ: OSTK) Shares headed falling, lower as much as -10.22%. The most recent rating by Piper Sandler, on August 17, 2020, is at an Overweight.
Etsy Inc. (NASDAQ: ETSY)
Etsy Inc. (ETSY) stock drop by -6.57% to $116.20. The most recent rating by ROTH Capital, on August 06, 2020, is at a Buy. Etsy Inc’s market capitalization has remained high, hitting 14.18 billion at the time of writing. It has recorded the 52-weeks low and high range of $29.95 and $141.41, respectively.
Jumia Technologies AG (NYSE: JMIA)
Jumia Technologies AG (NYSE: JMIA) Shares headed falling, lower as much as -5.00%. The most recent rating by Stifel, on May 14, 2020, is at a Hold. In the past 52-weeks of trading, this company’s stock has oscillated between the low of $2.15 and a high of $23.90.
CarParts.com Inc. (NASDAQ: PRTS)
CarParts.com Inc. (NASDAQ: PRTS) fall -6.82% after losing more than -$0.82 on Thursday. CarParts.com Inc. (NASDAQ: PRTS) market capitalization has remained high, hitting $500.19 million. It has traded up 977.88% from its 52-weeks low and moved down -31.81% from its 52-weeks high.
Fiverr International Ltd. (NYSE: FVRR)
Fiverr International Ltd. (NYSE: FVRR) last closed at $116.59, in a 52-week range of $17.11 to $127.32. Analysts have a consensus price target of $57.00. Its has market capitalization of $4.08 billion at the time of writing. Fiverr International has moved up 581.41% and moved down -8.43% from its 52-weeks high.
Carvana Co. (NYSE: CVNA)
Carvana Co. (NYSE: CVNA) Shares headed falling, lower as much as -10.97%. The most recent rating by Stifel, on August 12, 2020, is at a Hold. Carvana Co. (NYSE: CVNA) has total market capitalization of $32.26 billion at the time of writing.
Revolve Group Inc. (NYSE: RVLV)
Revolve Group Inc. (NYSE: RVLV) fall -1.12% after losing more than -$0.24 on Thursday. REVOLVE to Present at Upcoming KeyBanc Capital Markets and Wells Fargo Virtual Investor Conference Events.
Dada Nexus Limited (NASDAQ: DADA)
Dada Nexus Limited (NASDAQ: DADA) stock drop by -0.45% to $24.27. The most recent rating by Goldman, on June 30, 2020, is at a Neutral. Dada Nexus Limited (NASDAQ: DADA) market capitalization remained high, hitting $5.56 billion at the time of writing.
Baozun Inc. (NASDAQ: BZUN)
Baozun Inc. (NASDAQ: BZUN) Shares headed falling, lower as much as -6.95%. The most recent rating by Credit Suisse, on June 03, 2020, is at an Outperform. Baozun Inc. (NASDAQ: BZUN) has traded up 75.71% from its 52-weeks low and moved down -22.53% from its 52-weeks high. It has market cap of $2.49 billion at the time of writing.