Bigcommerce Holdings, Inc. Stock Price, News & Analysis

BigCommerce (NASDAQ: BIGC) has announced its acquisition of B2B Ninja, enhancing its position in the B2B ecommerce sector. This strategic move aims to improve the ecommerce capabilities of B2B merchants by integrating B2B Ninja's advanced quoting solutions. B2B ecommerce in the U.S. is projected to reach $1.8 trillion by 2023, making this acquisition timely. The integration will allow BigCommerce to provide more streamlined and effective ecommerce solutions, complementing its newly launched B2B Edition.

BigCommerce (NASDAQ: BIGC) has expanded its operations into Germany, Mexico, and Spain, enhancing its global presence. This move is timely as global retail ecommerce sales are projected to reach USD 6.388 billion by 2024. The company aims to support local merchants with multi-language, multi-currency, and secure payment options, alongside robust omnichannel capabilities. Established brands like Tienda Chivas and Diageo are already leveraging BigCommerce’s platform to enhance their online business.

BigCommerce Holdings (Nasdaq: BIGC) will report its Q4 2022 financial results post-market on February 28, 2022. The results and highlights will be discussed during a conference call at 5:00 p.m. ET. Investors can access the call by dialing provided numbers or via webcast on their investor relations page. BigCommerce offers a top-tier ecommerce platform for businesses globally, serving numerous well-known brands across various sectors.

BigCommerce (NASDAQ: BIGC) has been selected by Tottenham Hotspur to enhance its online store, enabling international expansion. The partnership aims to optimize ecommerce functionality, providing features like seamless checkout and personalized shopping experiences. BigCommerce's Open SaaS platform, known for flexibility and integrated payment options, was pivotal in this choice. The collaboration enhances fan engagement not just in the UK but also in significant markets like APAC and North America.

On January 20, 2022, Contentstack and BigCommerce partnered with Like Digital to develop a robust digital platform for La Perla Beauty, a cosmetics brand. The initiative aims to enhance eCommerce capabilities through a headless architecture, enabling multiple storefronts with localization and innovative digital experiences. La Perla Beauty’s Vice President noted the importance of education and community in their approach. BigCommerce’s status as a Contentstack Catalyst signifies a commitment to cutting-edge technology and long-term digital strategies. This collaboration reflects a growing demand for agile digital solutions in the luxury market.

BigCommerce merchants achieved record sales during Cyber Week 2021, with a significant 15% year-over-year growth in gross merchandise volume (GMV), despite a decline in overall U.S. retail ecommerce sales.

For the eighth consecutive year, the BigCommerce platform reported 100% uptime during the peak holiday period. Cyber Monday was the strongest day for GMV, while Black Friday led in orders. Growth was particularly notable in the Asia-Pacific region, with GMV up 40% year-over-year. Overall, ecommerce sales trends indicate a promising outlook as U.S. ecommerce sales are projected to reach $1 trillion in 2022.

BigCommerce Holdings reported Q3 2021 total revenue of $59.3 million, a 49% increase from the previous year, marking the highest growth rate since becoming a public company. The total annual recurring revenue (ARR) reached $253.5 million, up 52%. Subscription revenue rose 59% to $42.1 million. Despite revenue growth, the GAAP operating loss widened to ($21.3 million) compared to ($10.1 million) in Q3 2020. The outlook for Q4 2021 anticipates revenue between $61.3 million and $61.7 million.

Uniform has partnered with BigCommerce, granting access to over 60,000 customers to its composable digital experience platform. This partnership allows businesses to launch customizable shopping experiences rapidly, enhancing digital growth and SEO rankings. The platform connects BigCommerce to preferred CMS, front-end, and CDN choices, offering a no-code interface for easy page creation. This collaboration emphasizes both companies' commitment to providing merchants with top-tier technology and support for business growth.