There's a Surprising New $100 Billion E-Commerce Company in Town, and Investors Should Pay Close Attention

It's no secret that Amazon is the e-commerce champion of the world. The company had $232 billion in online store sales in 2023. This is simply enormous. Consider that eBay is still one of the biggest e-commerce operations in the world as well, but its trailing-12-month gross merchandise volume of $73 billion doesn't even hold a candle to Amazon's scale.E-commerce has been around for decades, and Amazon was an early pioneer in the space. But investors should resist the urge to think of e-commerce as a played ...