Global-e Online NASDAQ: GLBE is succeeding because it offers three things merchants need in one place: eCommerce, direct-to-consumer access, and international expansion. eCommerce is entrenched in our lives and a requirement for any business today.
Global-e just beat expectations and raised full-year guidance. The company is demonstrating operating leverage with scale, which is a really good sign.
Global-e Online Ltd. (NASDAQ:GLBE ) Q1 2024 Earnings Conference Call May 20, 2024 8:00 AM ET Company Participants Erica Mannion - Sapphire, IR Amir Schlachet - Co-Founder & CEO Ofer Koren - CFO Nir Debbi - Co-Founder & President Conference Call Participants Will Nance - Goldman Sachs Samad Samana - Jefferies Brian Peterson - Raymond James Koji Ikeda - Bank of America Scott Berg - Needham & Comp...
PETAH-TIKVA, Israel, May 20, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer eCommerce enablement, today reported its financial results for the first quarter of 2024.
Global-e operates a business-to-business e-commerce platform that's gaining clients at a fast pace. Growth is slowing in the inflationary environment, and the company is still reporting heavy losses.
PETAH-TIKVA, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer ecommerce enablement, today announced it will report financial results for the first quarter ended March 31, 2024, before market open on Monday, May 20, 2024.
Global-e Online provides end-to-end e-commerce solutions for retailers and brands, including big data analytics and logistics. The company's stock performance has been moderate, reaching a peak of $80 per share but currently trading at $34 per share. I expect the company to benefit from the steady cross-border e-commerce growth, especially in the US, its main market.
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