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BigCommerce Holdings, Inc. Series 1 - $BIGC STOCK NEWS

Welcome to our dedicated page for BigCommerce Holdings Series 1 news (Ticker: $BIGC), a resource for investors and traders seeking the latest updates and insights on BigCommerce Holdings Series 1 stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BigCommerce Holdings Series 1's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BigCommerce Holdings Series 1's position in the market.

Rhea-AI Summary
BigCommerce (BIGC) announced the launch of Brompton, the foldable bicycle company, on its platform. Brompton struggled with its previous platform and tech stack, seeking a new platform that offered flexibility and scalability. The new composable site leverages multiple BigCommerce partners for a composable commerce site, and Brompton's BigCommerce sites currently support sales in the UK and US, with plans to expand into additional European markets soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.93%
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Rhea-AI Summary
BigCommerce (BIGC) has been awarded the Vendors in Partnership (VIP) Award for 2024 Best Commerce or Multi-Vendor Platform, validating its customer-first approach, innovation, and strong partner ecosystem in B2C and B2B ecommerce. The award recognizes solution providers that power the retail ecosystem and celebrate transformative partnerships and great solutions.
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partnership
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BigCommerce (BIGC) and Marketplacer Announce Strategic Partnership to Enable Multi-Vendor Marketplaces
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.78%
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partnership
Rhea-AI Summary
BigCommerce (BIGC) named a Leader in the new IDC MarketScape: Worldwide B2B Digital Commerce Applications for MidMarket Growth 2023–2024 Vendor Assessment. Recognized for business agility, tech agility, and experiences as core differentiation strategies.
Rhea-AI Impact
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End-of-Day
-0.43%
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Rhea-AI Summary
BigCommerce (BIGC) announces Coldwater Creek's launch of a new ecommerce site on their platform, aiming to support long-term growth. The 40-year-old direct-to-consumer brand sought to upgrade its technology and chose BigCommerce for its technological capabilities, strategic implementation plan, and total cost of ownership. The new storefront features nature-inspired palettes, intuitive navigation, and visual badges to enrich the shopping experience, positioning Coldwater Creek for substantial growth ahead.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.19%
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Rhea-AI Summary
BigCommerce (BIGC) announces that Waterfront Brands, a leading waterfront equipment manufacturer in the US, has chosen the BigCommerce platform to transform its Boat Lift Warehouse website, aiming to improve site performance, enhance customer experiences, and grow the business. Groove Commerce will lead the migration to BigCommerce, enabling the brand to advance its product data, enhance customer purchasing experiences, and grow the business.
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End-of-Day
-0.99%
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Rhea-AI Summary
BigCommerce Holdings, Inc. (BIGC) CFO Daniel Lentz to present at Barclays Global Technology Conference on December 6, 2023
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Rhea-AI Sentiment
End-of-Day
-1.91%
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Rhea-AI Summary
AlertMedia (ALRT) announces the appointment of Marc Ostryniec as Chief Revenue Officer. Ostryniec brings over 20 years of enterprise technology sales leadership experience and a successful track record in growing enterprise account base and annualized recurring revenue. The company has been recognized for its rapid growth and workplace culture.
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BigCommerce (BIGC) reported a 10% increase in gross merchandise value (GMV) for its merchants during Cyber Week, with a 7% increase in total orders and a 3% increase in average order value (AOV) compared to 2022. The company's enterprise plan merchants experienced even higher GMV and order growth. Cyber Week sales were particularly strong in EMEA, with a 20% surge in GMV and a 10% increase in total orders. Amazon, eBay, and Walmart were the top marketplaces for BigCommerce merchants. The company achieved 100% uptime for the tenth consecutive year, supporting its customers' success in the holiday shopping season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.77%
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Rhea-AI Summary
BigCommerce (BIGC) reported a strong start to Cyber Week for its customers, with significant increases in sales on Thanksgiving Day and Black Friday compared to last year. The company experienced a 14% increase in gross merchandise value (GMV) on Thanksgiving Day 2023 compared to 2022, outpacing the broader global online industry increase of only 1%. Additionally, total orders increased by 5% on Thanksgiving, and average order value (AOV) was 8% higher year-over-year. On Black Friday, BigCommerce customer GMV increased 6%, with a 5% increase in total orders and a 1% increase in AOV compared to Black Friday 2022. The National Retail Federation (NRF) projects 2023 U.S. holiday sales to be up 3-4% over 2022, and BigCommerce customers have seen positive numbers when it came to online orders, GMV, and AOV for the month of October versus the previous year. BigCommerce also delivered higher checkout conversion due to an optimized one-page experience, choice of best-in-market payment providers, optimal integrations, and unmatched customization capabilities for a SaaS platform.
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BigCommerce Holdings, Inc. Series 1

Nasdaq:BIGC

BIGC Rankings

BIGC Stock Data

607.38M
59.94M
11.68%
80.01%
6.11%
Software Publishers
Information
Link
United States of America
AUSTIN

About BIGC

bigcommerce is a robust, flexible ecommerce platform that provides established and emerging brands with everything they need to launch, promote, manage and scale a successful online store. bigcommerce merchants earn more than retailers on competitive ecommerce solutions thanks to advanced features, better site performance and streamlined business processes. founded in 2009, the company has received more than $100 million in funding from softbank capital, american express, telstra ventures, general catalyst, revolution growth and floodgate. bigcommerce supports thousands of retailers around the world from its offices in san francisco, austin and sydney. for more information, visit bigcommerce.com.