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VTEX provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Company news centers on the VTEX commerce suite, including Commerce Platform, Retail Media Platform and Agentic CX Platform capabilities used for B2C omnichannel, B2B commerce, marketplace enablement, distributed order management, WhatsApp stores and customer-service automation.
Recurring updates include quarterly and annual results prepared under U.S. GAAP, subscription revenue, GMV, non-GAAP operating measures, customer store launches and migrations, seasonal commerce volumes, global expansion, product investments in AI and retail media, and annual general meeting materials for Class A and Class B common shareholders.
VTEX (NYSE: VTEX), a leading digital commerce platform, has partnered with H Mart, the largest Asian-American supermarket chain in the U.S., to modernize its ecommerce operations. Collaborating with VML, a global creative agency, VTEX completed the migration from H Mart's legacy system to a new SaaS platform in just seven months. The platform now supports consolidated shopping for both shelf-stable and fresh goods, improving real-time inventory visibility and efficient order fulfillment. This partnership signifies a major step in H Mart's digital transformation, aiming to enhance the online shopping experience for its customers.
VTEX (NYSE: VTEX) announces a partnership with Pinterest to expand social commerce capabilities for its 2,600 global customers. This collaboration enables VTEX's customers to seamlessly integrate product catalogs, create Pins, and run shopping campaigns on Pinterest. Pinterest, with over half a billion monthly active users, offers a vast audience actively seeking inspiration and shopping online. Early adopters of this partnership include brands like Whirlpool, Blaisten, and Easy, enhancing their customer engagement through Pinterest's platform. The partnership aims to foster meaningful consumer connections, driving organic growth and creating vibrant shopping experiences.
VTEX (NYSE: VTEX), a top commerce platform for brands and retailers, announced the outcomes of its 2024 Annual General Meeting (AGM) held on May 24, 2024. Shareholders ratified the appointment of Silvia Mazzucchelli to the Board of Directors and approved the financial statements and auditor’s report for the fiscal year ending December 31, 2023. A total of 113,089,223 shares, representing 76.71% of the voting power, participated in the AGM.
VTEX reported strong financial results for the first quarter of 2024 with significant year-over-year growth in GMV, total revenue, gross profit, and non-GAAP operating income. The company's focus on product launches, revenue streams, and operational leverage contributed to margin expansion and customer success. VTEX also highlighted key operational and commercial highlights, showcasing partnerships with global brands and market expansion initiatives. The company remains optimistic about its future growth prospects despite economic uncertainties.
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