Since the onset of the COVID-19 pandemic, e-commerce has been on a tear. Lockdowns, a move to remote work and other impacts of COVID pushed a great number of global citizens to spend more of their money online through e-commerce sites and on-demand services.
For companies like Shopify, the period since March 2020 has proven a bonanza. The Canadian e-commerce giant spent last March bouncing between $350 and $420 per share. Today, the company is worth $1,554.74 per share.
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Other players saw their businesses scale as consumers spent more time buying online and less time in stores. Instacart’s grocery delivery business accelerated. DoorDash went public on the back of a demand surge. Roblox usage skyrocketed, sen …
