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Finding the Next Amazon in 2025
Amazon (NASDAQ: AMZN) transformed from an online bookstore into a global tech powerhouse dominating e-commerce, cloud computing, and AI. Investors who bought Amazon stock in the early 2000s saw returns of over 100,000%, turning small investments into fortunes.
But what if you missed out on Amazon’s meteoric rise? The good news is that the next generation of disruptive tech stocks is emerging, offering similar long-term growth potential, sadly, potential and reality are two different things for stocks. In this article, we explore ‘hidden’ gem tech stocks with the potential to become the next Amazon, focusing on companies revolutionising industries through AI, cloud computing, e-commerce, fintech, and robotics, although regular investors might have heard about them already.
These stocks might not be household names—yet—but they could deliver massive gains over the next decade.
1. Sea Limited (NYSE: SE) – The Amazon of Southeast Asia
Overview
Sea Limited is a Southeast Asian tech conglomerate operating in e-commerce (Shopee), digital payments (SeaMoney), and gaming (Garena). It dominates markets across Indonesia, Thailand, Vietnam, and Malaysia, where e-commerce penetration is still in its early stages.
Key Growth Drivers
- Shopee: The most popular e-commerce platform in Southeast Asia, growing faster than Amazon in emerging markets.
- SeaMoney: A digital payments and fintech arm that could become the PayPal of Asia.
- Garena: The publisher of Free Fire, one of the world’s most popular mobile games.
Financial Outlook & Growth Potential
Sea Limited generated $14.5 billion in revenue in 2024, with analysts expecting a CAGR of 25% over the next five years as Southeast Asia’s e-commerce and fintech sectors expand.
Should You Buy Sea Limited Stock? (Price Forecast & Analyst Ratings)
- Stock Price (Feb 2025): $132
- 12-Month Target: $137 (+3.7% upside)
- Analyst Consensus: Strong Buy
2. MercadoLibre (NASDAQ: MELI) – The Amazon of Latin America
Overview
MercadoLibre is the largest e-commerce and digital payments company in Latin America, often compared to Amazon and PayPal combined.
Key Growth Drivers
- E-commerce expansion: MercadoLibre controls 80% of online retail in Argentina, Brazil, and Mexico.
- Fintech dominance: Mercado Pago processes billions in transactions annually.
- Logistics and AI: Investments in warehousing, last-mile delivery, and AI-driven logistics mirror Amazon’s early strategies.
Financial Outlook & Growth Potential
With $17 billion in annual revenue, MercadoLibre is growing at 28% annually. Latin America is still in the early stages of digital commerce adoption, creating huge long-term upside.
Should You Buy MercadoLibre Stock? (Price Forecast & Analyst Ratings)
- Stock Price (Feb 2025): $2,110
- 12-Month Target: $2,311 (+9% upside)
- Analyst Consensus: Strong Buy
3. Coupang (NYSE: CPNG) – The Amazon of South Korea
Overview
Coupang is South Korea’s leading e-commerce platform, known for lightning-fast delivery, AI-powered logistics, and expanding fintech services.
Key Growth Drivers
- Rocket Delivery: Coupang offers same-day and next-day delivery, outperforming Amazon in logistics efficiency.
- Fintech expansion: Coupang Pay and Coupang Eats are expanding into digital payments and food delivery.
- International expansion: The company is moving into Taiwan and Southeast Asia, boosting growth prospects.
Financial Outlook & Growth Potential
Coupang reported $24 billion in revenue in 2024, growing at a CAGR of 22%. South Korea’s high internet penetration and strong consumer spending support continued expansion.
Should You Buy Coupang Stock? (Price Forecast & Analyst Ratings)
- Stock Price (Feb 2025): $25.13
- 12-Month Target: $29.25 (+16.4% upside)
- Analyst Consensus: Buy
4. Shopify (NYSE: SHOP) – Powering the Next Generation of E-Commerce
Overview
Shopify is not a retailer itself but provides the infrastructure for millions of online businesses, making it a backbone of modern e-commerce.
Key Growth Drivers
- AI-powered commerce: Shopify is integrating AI tools for personalised shopping experiences.
- Global merchant growth: Over 2 million businesses use Shopify, with strong international expansion.
- Logistics and fulfillment: Competing with Amazon via Shopify Fulfillment Network.
Financial Outlook & Growth Potential
With $7 billion in annual revenue, Shopify’s growth remains strong at 23% CAGR, driven by new merchants and AI-powered sales tools.
Should You Buy Shopify Stock? (Price Forecast & Analyst Ratings)
- Stock Price (Feb 2025): $123.47
- 12-Month Target: $131.72 (+7% upside)
- Analyst Consensus: Buy
5. Global-E Online (NASDAQ: GLBE) – The AI-Powered Future of Cross-Border E-Commerce
Overview
Global-E enables brands to sell seamlessly across international markets by using AI-driven pricing, translation, and logistics tools.
Key Growth Drivers
- AI-powered pricing: Adapts product pricing in real time to maximise global sales.
- Cross-border demand: Helps brands sell internationally without complex logistics issues.
- Partnerships with Shopify and Meta: Expanding e-commerce capabilities for thousands of merchants.
Financial Outlook & Growth Potential
With $600 million in revenue, Global-E is growing at a staggering 40% CAGR.
Should You Buy Global-E Stock? (Price Forecast & Analyst Ratings)
- Stock Price (Feb 2025): $46.63
- 12-Month Target: $61.64 (+32% upside)
- Analyst Consensus: Strong Buy
Which of These Tech Stocks Could Be the Next Amazon?
Amazon’s rise to dominance was driven by relentless innovation, global expansion, and AI-powered efficiency. The tech stocks on this list share similar characteristics, making them strong candidates for long-term investors looking for the next big winner. Bear in mind that we focussed for this post on the e-commerce side of the business and currently Amazon is a lot bigger and wider as a business.
Key Takeaways for Investors:
- High-growth e-commerce stocks like Sea Limited, MercadoLibre, and Coupang are expanding into untapped markets, following Amazon’s early playbook.
- Shopify and Global-E Online are building AI-driven e-commerce infrastructure, making them key players in the next phase of digital retail.
- AI, fintech, and logistics advancements are major growth catalysts, making these stocks potential multi-baggers over the next decade.
Should You Invest?
For investors looking for long-term tech stocks, these ‘hidden gems’ offer strong upside potential. Investing in AI-driven, logistics-heavy, and fintech-enabled e-commerce stocks could deliver massive returns in the 2025-2030 period, much like Amazon did in the past, but that is something yet to see.
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