Remitly Global Inc vs Simon Property Group Inc — how do they compare? Remitly Global Inc trades at $23.37 (market cap $5.02B), while Simon Property Group Inc trades at $227.7 (market cap $73.55B). The key difference: Simon Property Group Inc is far larger — about 14.7× Remitly Global Inc's market cap, and Simon Property Group Inc pays a 3.88% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| RELY | SPG | |
|---|---|---|
Market Cap | $5.02B | $73.55B |
Sector | Technology | Real Estate |
52-Week High | $25.23 | $228.70 |
52-Week Low | $12.20 | $160.68 |
Enterprise Value | $4.41B | $102.03B |
Dividend Yield | — | 3.88% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →