This E-Commerce Company's $4 Million Trade | | |
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In this new age of self-quarantining, working-from-home and online shopping, e-commerce stocks are reaping the benefits.
According to the U.S. Census Bureau, people spent about $211.5 billion on e-commerce during the second-quarter. That's a 31.8% increase from the first quarter.
With e-commerce platforms now seeing a huge amount of engagement by consumers who are stuck at home, these companies are getting stronger every day and crushing all expectations.
Amazon.com (Nasdaq: AMZN), for example, is on track to be one of the biggest e-commerce companies on Wall Street — shocking traders when its second-quarter report boasted $55.4 billion in revenue…
But have you heard of the company investors are calling the "Chinese Amazon"?
I recently noticed that this under-the-radar Chinese e-commerce company has some big money piling into it and a beautiful rounding bottom that I can't take my eyes off of… | | |
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