Kuries wrote a post · Oct 9 06:53

I think this chart says it all.

Well, maybe not all. But close.

Global e-commerce sales are expected surpass $8T & account for ~30% of total retail sales by 2027 -- let's take a look at where the top companies stand based on 2025 FCF

$Sea (SE.US)$ $Shopify (SHOP.US)$ $MercadoLibre (MELI.US)$ $Global-E Online (GLBE.US)$ $Amazon (AMZN.US)$ $Coupang (CPNG.US)$ $Pinterest (PINS.US)$ $Etsy Inc (ETSY.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$

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Kuries

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