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Motley Fool Hidden Gems Investing

Retail Rebounds, Dynamic Duos, and the CEO of DocuSign

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 19 June 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Retail sales rebound in May. Walmart teams up with Shopify. Spotify teams up with DC Comics. Wirecard plummets on accounting concerns at the German payment firm. And Groupon investors react to quarterly results and a 1-for-20 reverse stock split. Motley Fool analysts Andy Cross and Jason Moser discuss those stories, debate the finer points of Disney wine, and share two stocks on their radar: Skyworks Solutions and AeroVironment. Plus, DocuSign CEO Dan Springer talks about the big business of electronic signatures.       Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money. It's a Motley Fool Money

0:20.1

radio show. I'm Chris Hill joining me this week Andy Cross and Jason Moser. Good to

0:24.5

see you guys. Hey, hey Chris. We've got the latest headlines from Wall Street. DocuSign

0:29.8

CEO Dan Springer is our guest and as always, we've got a couple of stocks on our radar,

0:35.2

but we begin with the continued rise of e-commerce. Last month, Walmart reported quarterly e-commerce

0:42.4

sales growth of 74%. This week, Walmart announced a new partnership with Shopify to expand

0:49.5

Walmart's third-party marketplace site. Andy Smart moved by Walmart, but it is Shopify's

0:56.6

stock that is moving on this one up 20% this week. Yeah, it's been a really nice run for

1:02.4

Shopify overall over the past few months. One of the leaders in e-commerce platform providers

1:08.8

as more and more of the world as we've talked about many times continues to push more of

1:12.9

their e-commerce solutions from the provider side, from the seller side, but then also obviously

1:17.8

from the consumer side as more and more of us are avoiding going out to stores. I really

1:22.5

like this deal, you guys. I think this is a win-win for both players and I think Walmart has been

1:27.6

just really aggressive in moving to their e-commerce platform. Chris, you mentioned the growth there.

1:32.6

And this is just another evolution of what Shopify is trying to do by expanding its solutions

1:38.5

into other marketplace providers. And in both cases, I think it's obviously reaction to

1:45.0

trying to continue to take more and more e-commerce share away from Amazon. So this deal is really

1:50.2

impressive because it partners those two providers. Walmart now, the second leading, the second largest

1:55.0

e-commerce platformer site in the country. And this creates the marketplace, Walmart.com,

2:02.6

which will bring in up to 1200 Shopify sellers into Walmart's platform, ties Walmart's millions of

2:09.5

consumers who are shopping online. It's a really nice strategic move for both players. I think

...

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