The internet industry is poised for substantial growth and expansion in the foreseeable years, driven by increased internet penetration worldwide and the growing digitalization of business processes. In this piece, I have evaluated two internet stocks, eBay Inc. (EBAY) and Chegg, Inc. (CHGG), to determine which could generate better returns.
As global digitalization accelerates, businesses and consumers increasingly rely on fast and consistent internet connections for information, education, communication, and entertainment. As of 2023, internet users make up 64.4% of the global population, with 5.16 billion active users across the globe.
