Bigcommerce Holdings, Inc. Stock Price, News & Analysis

Attentive has been named BigCommerce's Preferred SMS-first Partner, enhancing access to SMS marketing for over 60,000 BigCommerce customers. This integration allows merchants to utilize the Attentive text messaging platform seamlessly through the BigCommerce App Marketplace. The partnership aims to support merchants in sending personalized messages and optimizing campaigns without requiring advanced tech skills. The initiative underscores BigCommerce's commitment to offering top-tier technological solutions to its clientele.

BigCommerce has partnered with CMA CGM Group and NewOxatis to enhance ecommerce capabilities for B2B and B2C merchants. The collaboration allows NewOxatis merchants access to BigCommerce's robust platform, enabling them to create sophisticated online storefronts. This strategic alliance aims to provide comprehensive digital solutions encompassing logistics, marketing, and design services. As ecommerce continues to grow, especially in Europe, the partnership is positioned to drive innovation, leveraging BigCommerce's technology and NewOxatis's expertise.

BigCommerce Holdings (Nasdaq: BIGC) will report its third-quarter financial results for the period ending September 30, 2021, after market close on November 4, 2021. The webcast conference call discussing these results is scheduled for 4:00 p.m. CT (5:00 p.m. ET) on the same day. Investors can access the call through various dialing options or via the BigCommerce investor relations website. The call will feature financial highlights and insights into the company’s performance.

BigCommerce (NASDAQ: BIGC) has unveiled a new integration with Chargify, enhancing subscription management for B2B and B2C merchants. This partnership allows users to manage subscription activities directly through BigCommerce's platform, aimed at reducing churn and improving customer relationships. Key features include a one-click install via Open Source Checkout, a centralized dashboard for tracking subscription metrics, and real-time revenue growth analysis. The subscription ecommerce market is projected to reach $478 billion by 2025, showcasing significant growth potential.

Huge (NYSE: IPG) has launched the Experience Stack of the Future (XSF) in collaboration with Contentful and BigCommerce (NASDAQ: BIGC). This initiative aims to simplify the complex commerce technology landscape, enabling brands to enhance consumer experiences and drive growth. XSF offers a modular, flexible platform that integrates various technologies into a single commerce solution. Additionally, a whitepaper titled Competing in the Next Era of the Experience Economy has been published, detailing trends that prioritize consumer experiences over products. XSF is now available for market adoption.

BigCommerce Holdings, Inc. (NASDAQ: BIGC) has announced a private offering of $300 million in 0.25% convertible senior notes due 2026. The offering will settle on September 14, 2021, and includes an option for initial purchasers to buy an additional $45 million in notes. The notes will accrue interest semi-annually, with an initial conversion rate set at approximately 13.6783 shares per $1,000 principal amount, equating to a conversion price of about $73.11 per share. BigCommerce estimates net proceeds of approximately $291.1 million will be used for corporate purposes and capped call transactions.

BigCommerce Holdings, Inc. (Nasdaq: BIGC) plans to offer $300 million in convertible senior notes due 2026, with an option for an additional $45 million. The notes are senior, unsecured, and will accrue semi-annual interest. They can be converted into cash, shares, or both, at BigCommerce’s discretion. Proceeds will fund capped call transactions and general corporate needs. The company warns of inherent risks and uncertainties surrounding the offering, which may not be finalized. Forward-looking statements caution about potential market impacts on stock price and volatility.

AffiniPay, a leading fintech firm in online payments, announced the appointment of Robert Alvarez, CFO of BigCommerce (NASDAQ: BIGC), to its executive board. This follows recent leadership changes with Dru Armstrong as the new CEO and the appointment of Stuart C. Harvey Jr.. Alvarez brings substantial experience in scaling tech businesses, having led BigCommerce through a record-setting $249 million IPO. AffiniPay is on track to process over $13 billion in payments in 2021 and has been recognized for its rapid growth on the Inc 5000 list.