Online retailers are capturing a larger and larger proportion of consumer dollars, accounting for 10.2 percent of all retail sales in the first quarter of 2019. Many people enjoy the convenience of shopping from home and having purchases delivered to their door.
Retailers who sell only or predominantly online—and are referred to as e-commerce companies or e-tailers—may choose to go public once they've gotten big enough and successful enough to draw the attention of Wall Street. Selling shares in an initial public offering (IPO) raises money for a company to expand its business, and the stock can be used to fund acquisitions of smaller companies and reward executives for strong performance.
Although online-only retailers must still have some physical locations for distribution centers and corporate offices, they have none of the costs associated with physical stores, including rent, security, and shoplifting.
Here is a list of U.S.-based, publicly-traded e-tailers that make all or the majority of their revenue from online sales, their stock symbol, and a brief description of their business. The list excludes companies that generate most of their sales from stores or that are based outside the U.S. even if their shares are traded on a U.S. exchange.
- Amazon.com, Inc. [AMZN] started out as an online bookseller but now sells a wide range of products through its website. It also runs brick-and-mortar grocery stores following its August 2017 purchase of Whole Foods Market Inc.
- Blue Apron Holdings, Inc. [APRN] sells ingredients—and provides recipes—for making meals at home.
- Booking Holdings Inc. [BKNG] offers travel-related services through several websites, including Booking.com, Priceline.com, and Rentalcars.com.
- Carvana Co. [CVNA] sells used cars.
- Chewy, Inc. (CHWY] sells pet foods and other pet products.
- Copart, Inc. [CPRT] holds online auctions of cars.
- Duluth Holdings Inc. [DLTH] sells casual wear and workwear for men and women.
- eBay Inc. [EBAY] enables people to sell their products on its self-named website. It also operates online ticket exchange StubHub.
- Etsy, Inc. [ETSY] is an online marketplace that enables people to sell vintage items or things they have created.
- Expedia Group, Inc. [EXPE] offers travel-related services through several websites, including Expedia.com, Hotels.com, Orbitz.com, and CarRentals.com.
- Groupon Inc. [GRPN] enables providers of products and services to connect with consumers by offering discounts.
- Grubhub Inc. [GRUB] facilitates restaurant food deliveries and pick-ups.
- 1-800-FLOWERS.COM, Inc. [FLWS] sells flower bouquets.
- Overstock.com, Inc. [OSTK] initially focused on selling surplus products but now sells a wide range of goods.
- PC Connection, Inc. [CNXN] offers information technology products and services.
- PCM, Inc. [PCMI] also offers information technology products and services.
- PetMed Express, Inc. [PETS] sells medications for dogs and cats.
- Shutterfly, Inc. [SFLY] sells personalized products including photo books.
- Stamps.com Inc. [STMP] offers mailing and shipping services.
- Stitch Fix, Inc. [SFIX] is an online personal styling service.
- TripAdvisor, Inc. [TRIP] offers travel-related services.
- Wayfair Inc. [W] sells home furnishings and décor.