Newegg Commerce Inc vs Remitly Global Inc — how do they compare? Newegg Commerce Inc trades at $13.12 (market cap $270.98M), while Remitly Global Inc trades at $23.93 (market cap $5.02B). The key difference: Remitly Global Inc is far larger — about 18.5× Newegg Commerce Inc's market cap, and Remitly Global Inc is trading nearer its 52-week high, Newegg Commerce Inc nearer its low. Which is the better fit depends on your goals.
| NEGG | RELY | |
|---|---|---|
Market Cap | $270.98M | $5.02B |
Sector | Consumer Cyclical | Technology |
52-Week High | $128.09 | $25.23 |
52-Week Low | $12.92 | $12.20 |
Enterprise Value | $269.78M | $4.41B |
Trailing returns across standard periods
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.
Read more on NEGG →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →