Bigcommerce Holdings, Inc. Stock Price, News & Analysis

BigCommerce (Nasdaq: BIGC) will announce its financial results for Q1 2022 after the market closes on May 2, 2022. A conference call is scheduled for 5:00 p.m. ET, where key metrics and business highlights will be discussed. Investors can access the call via phone or through a live webcast on the company’s investor relations website. A replay will be available until May 9, 2022. Founded in Austin, BigCommerce is a leading SaaS ecommerce platform serving B2C and B2B brands globally.

SellersFunding has partnered with BigCommerce (Nasdaq:BIGC) to enhance ecommerce sellers' access to financing options, enabling them to transition to a direct-to-consumer model. This collaboration aims to support merchants with working capital for advertising, inventory management, R&D, and international expansion. The partnership reflects a shared commitment to empower sellers with innovative tools and resources for growth. Ricardo Pero and Russell Klein, executives from both companies, highlighted the importance of this alliance in helping merchants scale effectively.

BigCommerce (Nasdaq: BIGC) has launched a new feature called Multi-Storefront, enabling enterprise merchants to easily manage multiple storefronts within a single account. This innovation aims to drive growth while reducing operational costs by streamlining the management of distinct online experiences across different regions and customer segments. The feature enhances efficiency, supports localized storefronts, and provides valuable analytics, allowing businesses to make data-driven decisions. It is now available for new merchants on the BigCommerce platform.

dLocal has partnered with BigCommerce to enhance their payment capabilities in Latin America. This collaboration will enable BigCommerce merchants to accept local payments such as Boleto Bancário and Pix in Brazil and Oxxo in Mexico. This strategic move aims to support BigCommerce's expansion in the region, providing critical local payment options for both regional and existing EU and U.S. merchants. The partnership aligns with BigCommerce’s recent announcement of expanding its operations in Mexico, with an official inauguration set for March 24, 2022.

BigCommerce has partnered with Bolt to introduce Bolt One-Click Checkout for its merchants, allowing them to offer seamless one-click transactions. This new feature aims to enhance shopping experiences, significantly reduce cart abandonment, and potentially increase conversion rates by up to 53%. Merchants can set up this feature easily within minutes, providing secure transactions without requiring log-in details. With access to millions of checkout-ready shoppers, the integration promises improved customer loyalty and efficiency in online sales.

BigCommerce (NASDAQ: BIGC) has launched a modern ecommerce experience for Ted Baker, enhancing its digital strategy through a multi-storefront headless platform. This integration with Bloomreach and Wunderman Thompson Commerce aims to improve customer experiences while managing 12 regional storefronts from a single site. Features include localization and flexible payment options, catering to a diverse customer base and streamlining operational processes. This partnership indicates BigCommerce's commitment to supporting brands in digital transformation, aligning with the growth of the UK's ecommerce market projected to reach $199 billion in 2022.

BigCommerce (NASDAQ: BIGC) has announced the winners of its 2021 Partner Awards, recognizing top-performing agency and technology partners globally for their significant contributions during market fluctuations. Winners are honored in categories such as Agency Partner of the Year, New Partner of the Year, and more, highlighting their commitment to helping merchants thrive. This year's awards featured 17 categories across the Americas, APAC, and EMEA regions. BigCommerce aims to leverage its partner ecosystem for innovation and growth in the ecommerce sector.

BigCommerce Holdings, Inc. (Nasdaq: BIGC) reported robust financial results for Q4 2021, achieving $64.9 million in revenue, a 50% year-over-year increase. The total annual recurring revenue (ARR) reached $268.7 million, up 48% year-over-year. Subscription revenue hit $46.9 million, reflecting a 58% increase. Despite these gains, the company noted a GAAP operating loss of ($33.8) million. For Q1 and full year 2022, guidance estimates total revenue between $271.6 million and $283.6 million, indicating a 24% to 29% growth rate.

BigCommerce (Nasdaq: BIGC) has partnered with Digital River to launch a comprehensive Merchant of Record solution aimed at simplifying cross-border selling for mid-market to enterprise merchants. This integration offers a unified solution managing payments, taxes, and compliance, enabling merchants to enter new markets faster and reduce operational costs by up to 30%. The solution enhances localized checkout experiences, minimizes financial complexities, and mitigates legal risks in over 240 markets. This development aligns with the growing demand for international ecommerce capabilities.