Bigcommerce Holdings, Inc. Stock Price, News & Analysis

BigCommerce (Nasdaq: BIGC), an Open SaaS ecommerce platform, has been named a leader in IDC MarketScape's 2024 assessments for both Worldwide Enterprise Headless Digital Commerce Platforms and Headless Digital Commerce Applications for Midmarket Growth. The platform's API-first, headless MACH architecture was highlighted for its flexibility, ease-of-use, and extensibility. Key strengths include user-friendly interfaces, microservices-based design, and robust API coverage. Recognized by clients like Yeti Cycles and Black Diamond, BigCommerce has been acknowledged for empowering brands to create seamless shopping experiences and scale efficiently.

Revere Payments has been named a BigCommerce Preferred Technology Partner, granting BigCommerce customers access to Revere Payments’ comprehensive payment solutions. This partnership aims to streamline payment processes, enhance transaction security, and improve the overall customer experience for both enterprise clients and small businesses. Revere Payments offers an array of services including point-of-sale systems, mobile payments, online gateways, and customized processing software. CEO Wendy M. Kinney highlighted the collaboration's potential to drive growth and success. BigCommerce's Chief Commercial Officer, Russell Klein, emphasized the mutual goal of helping brands and retailers grow faster and sell more.

BigCommerce announced that four of its customers have been named finalists for the MACH Impact Awards, recognizing innovative projects in retail, B2B, and travel, tourism, and hospitality. The awards highlight headless and composable commerce projects, emphasizing future-proof, flexible tech stacks. Finalists include White Stuff, Mt. Hood Meadows, TradeTools, and Prasad Tangirala. Winners will be announced on June 17, 2024, at MACH THREE in New York City.

BigCommerce (Nasdaq: BIGC) has announced that L’azurde Company for Jewelry, a leading jewelry designer in the Middle East, has launched its new composable ecommerce site on BigCommerce’s platform. This site, built in just five months, has led to doubled conversion rates, significant sales growth, and improved uptime and stability.

L'azurde, which manufactures over 3,000 jewelry models annually, opted to replatform from Magento to BigCommerce to support its growth and future-proof its business. Their new site leverages the BigCommerce back-end for order processing, security payments, and inventory management, integrating seamlessly with various third-party applications.

This transition was driven by L’azurde’s focus on delivering exceptional customer experiences and staying nimble in a rapidly evolving market. The project highlights the effectiveness of composable commerce and BigCommerce's robust partner ecosystem.

BigCommerce (Nasdaq: BIGC) has announced that Japanese fashion and lifestyle brand MUJI has launched new online storefronts on its platform to support its European growth. MUJI, which operates over 1,000 physical stores globally, aims to replace its outdated system with BigCommerce's flexible and agile platform. The launch involves online stores in key markets including the UK, France, Germany/Austria, Italy, Spain/Portugal, and an additional store for the rest of Europe. The new stores feature localized languages, pricing, and delivery methods, enhancing customer experience. MUJI is also utilizing integrations with Adyen, PayPal, Klevu, and Klaviyo to further optimize their ecommerce operations.

BigCommerce reported its first quarter financial results for 2024, showing positive growth in total revenue, total ARR, and enterprise ARR. The company highlighted new product releases, new executive appointments, and key business metrics. Despite strong financial performance, there are concerns about operating loss, net income, and future revenue growth.

BigCommerce has open-sourced the B2B Edition Buyer Portal, allowing enterprise B2B brands to customize buyer experiences, streamline operations, and enhance customer satisfaction. This move provides full control to create tailored buyer experiences, potentially reducing development time and costs, and improving efficiency. The Buyer Portal complements BigCommerce's B2B Edition, offering customized purchasing experiences, streamlined servicing, faster time-to-market, and reduced development costs.

BigCommerce, a Nasdaq-listed open SaaS platform, appoints Travis Hess as President to drive top-line growth and profitability. Hess, an ecommerce industry veteran, will lead global strategic expansion and oversee operations related to the company's ecommerce platform, professional services, and agency partner relationships. The move aims to strengthen BigCommerce's go-to-market transformation and operations in the enterprise ecommerce segment.

BigCommerce announced the successful launch of a new B2B storefront for Barbeques Galore, one of Australia's largest retailers of grills and outdoor products, in just 12 weeks. Leveraging BigCommerce's B2B Edition, the transformation allowed Barbeques Galore to create personalized buyer experiences, drive conversions, and expand into new markets. The move has been instrumental in helping Barbeques Galore to scale its wholesale and export business, create custom storefronts, and streamline the buyer transaction journey, all while reducing operational costs and improving brand loyalty. The rapid implementation showcased the power of collaboration between BigCommerce, Barbeques Galore, and Amblique, the agency partner involved in the transformation. Overall, the success of this project underscores the growing importance of B2B ecommerce in today's retail landscape.