2 ASX ecommerce shares to buy in January

As I mentioned here earlier today, IBM estimates that the pandemic has accelerated the shift to online shopping by as much as five years.

This bodes well for a number of companies on the Australian share market such as the ecommerce companies listed below.

Here’s what you need to know about them:

The first ecommerce company to look at is Adore Beauty. It is a recently listed online retailer which sells third-party beauty and personal care products to over 590,000 active customers across the ANZ region. From these customers, the company is expecting to generate revenue of $158.2 million in 2020. This will be up 76% on the prior corresponding period.

Pleasingly, this is still only scratching at the surface of its opportunity in…