Motley Fool
Better E-Commerce Stock: Shopify vs. AlibabaThe stocks of Shopify (NYSE: SHOP) and Alibaba (NYSE: BABA) both lost more than 50% of their value over the past 12 months. Shopify's services enable smaller merchants to easily launch their own online stores, process payments, fulfill orders, and manage their own marketing campaigns. Shopify's revenue rose 86% to $2.93 billion in fiscal 2020, which aligns with the calendar year, as the pandemic forced more merchants to open online stores.