Welcome to our dedicated page for Bigcommerce Holdings news (Ticker: BIGC), a resource for investors and traders seeking the latest updates and insights on Bigcommerce Holdings stock.
Commerce.com, Inc., formerly BigCommerce Holdings, Inc., provides an open commerce technology ecosystem built around BigCommerce, Feedonomics and Makeswift. Company news commonly covers ecommerce platform capabilities for direct-to-consumer and B2B merchants, product data and feed management, headless and composable storefront deployments, payments and ERP integrations, and customer implementations across retail, manufacturing, distribution and public-sector commerce.
Updates also include quarterly results announcements, investor conference participation, partner integrations and corporate identity developments following the company’s name change from BigCommerce Holdings, Inc. to Commerce.com, Inc.
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.
Summary not available.
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.
BigCommerce (Nasdaq: BIGC) has been recognized as a leading Open SaaS ecommerce platform, earning 16 medals in the 2021 Paradigm B2B Combine, featuring both Midmarket and Enterprise Editions. This recognition stems from its new B2B Edition, designed to enhance online sales for B2B enterprises. The platform received accolades for Total Cost of Ownership and Partner Ecosystem, highlighting its extensive partner ecosystem and user-friendly configuration. Additionally, BigCommerce was honored as a Top B2B eCommerce Platform by SoftwareReviews.com.
Ascent360 announced the integration of its data-driven marketing platform with the BigCommerce App Marketplace. This new feature enables retail and e-commerce businesses to utilize their customer data for personalized marketing efforts. The platform enhances customer segmentation, facilitates automated omnichannel campaigns, and provides tools for measuring marketing ROI. According to CEO Scott Buelter, this integration allows retailers to better understand their customers and engage them effectively. Businesses can start with a free trial, gaining actionable insights in just 48 hours.
BigCommerce Holdings (Nasdaq: BIGC) announced the grant of restricted stock units (RSUs) to 161 new employees, as part of its acquisition of Feedonomics' assets. A total of 195,339 RSUs were awarded, with 90,660 RSUs designated for management employees, vesting over four years. The majority of the remaining RSUs vest annually over four years. The RSUs have a grant date of August 11, 2021, and a vesting commencement date of August 1, 2021, with no exercise price required. This strategy is aligned with Nasdaq’s Listing Rule 5635(c)(4).