- An explosion in online shopping and the possibility of loosened restrictions could make 2021 a major year for e-commerce initial public offerings.
- Business Insider interviewed three experts in the e-commerce space to get a sense of which companies in the direct to consumer and business-to-business space could go public.
- From Stripe to Flipkart to Mytheresa, here are the e-commerce players that could go public next year.
- Visit Business Insider’s homepage for more stories.
2020 has been a huge year for e-commerce. The coronavirus pandemic has fostered soaring online sales, as customers avoid stores. A spate of e-commerce brands have posted recent initial public offerings, including shopping app Wish and food delivery company Doordash.
E-commerce platform Shopify estimated that retail e-commerce saw a decade’s worth of growth in 90 days “at the height of the COVID-19 pandemic. But 2021 could be even bigger for the online retail space, as e-commerce brands turn to IPOs to build up — or salvage — their business.
Global X research analyst Pedro Palandrani previously told Business Insider that “e-commerce is just getting started,” and will likely continue to soar even after COVID-19 vaccines become available.