GMV

EQS-News: Zalando evolves strategy to cover larger share of fashion and lifestyle e-commerce market with pan-European ecosystem for customers and partners

Retrieved on: 
Wednesday, March 13, 2024

The ecosystem model is a strategic evolution from the current platform one, and will enable Zalando to cover a larger share of the fashion and lifestyle e-commerce market as well as deepen relationships with customers and partners.

Key Points: 
  • The ecosystem model is a strategic evolution from the current platform one, and will enable Zalando to cover a larger share of the fashion and lifestyle e-commerce market as well as deepen relationships with customers and partners.
  • With both B2C and B2B, Zalando aims to cover in the long term the equivalent of 15 percent of the European fashion market, which is worth 450 billion euros.
  • Serving customers across their fashion and lifestyle needs will increase multi-proposition adoption and enable Zalando to capture a higher share of customers’ wallet.
  • The company’s recently launched ZEOS business enables Zalando to shape the European fashion and lifestyle industry beyond its own consumer business.

EQS-News: Delivery Hero launches financing transaction to optimize its capital structure

Retrieved on: 
Wednesday, March 13, 2024

Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: "Our ability to execute this transaction is a strong testimony to our operational and financial achievements, which saw Delivery Hero generating over EUR 250 million of adj.

Key Points: 
  • Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: "Our ability to execute this transaction is a strong testimony to our operational and financial achievements, which saw Delivery Hero generating over EUR 250 million of adj.
  • Emmanuel Thomassin, CFO of Delivery Hero, said: “We are leveraging the strong lender interest in Delivery Hero and the supportive market conditions to favourably amend, extend and upsize the existing term facilities by an additional approximately EUR 500 million equivalent.
  • Delivery Hero confirms the guidance provided with its Q4 2023 Trading Update on February 14, 2024.
  • Following the launch of the transaction, Delivery Hero will publish an Investor Presentation today at approximately 07:30am CET on its Investor Relations website , providing further insights into the financing transaction and its rationale.

The RealReal Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024

SAN FRANCISCO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its fourth quarter and full year ended December 31, 2023. Fourth quarter 2023 Net Loss was $22 million, compared to $39 million in the fourth quarter of 2022. Fourth quarter 2023 Adjusted EBITDA was positive $1.4 million, a $22 million improvement compared to the fourth quarter of 2022. Full year 2023 Net Loss was $168 million, compared to $196 million for full year 2022. Full year 2023 Adjusted EBITDA was $(55) million, compared to $(112) million for full year 2022.

Key Points: 
  • Fourth quarter 2023 Net Loss was $22 million, compared to $39 million in the fourth quarter of 2022.
  • Fourth quarter 2023 Adjusted EBITDA was positive $1.4 million, a $22 million improvement compared to the fourth quarter of 2022.
  • Full year 2023 Net Loss was $168 million, compared to $196 million for full year 2022.
  • “In the fourth quarter of 2023, The RealReal delivered positive Adjusted EBITDA and positive free cash flow.

1stDibs Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its fourth quarter and year ended December 31, 2023.
  • Gross margin was 71.5%, compared to 70.5% in the fourth quarter 2022.
  • GAAP net loss was $2.9 million compared to a net loss of $6.9 million in the fourth quarter 2022.
  • Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin was $(1.7) million and (8.1)%, respectively, compared to $(4.5) million and (19.5)%, respectively, in the fourth quarter 2022.

GigaCloud Technology Inc Expands Supplier Diversity, Introducing Three New Markets to its B2B Ecommerce Marketplace

Retrieved on: 
Tuesday, February 27, 2024

EL MONTE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that suppliers from new product origins in Colombia, Mexico, and Turkey have joined its B2B ecommerce platform, GigaCloud Marketplace.

Key Points: 
  • EL MONTE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that suppliers from new product origins in Colombia, Mexico, and Turkey have joined its B2B ecommerce platform, GigaCloud Marketplace.
  • Three global suppliers have joined the GigaCloud Marketplace as new 3P sellers, expanding the seller base in new markets and introducing new SKUs to the platform.
  • For the 12 months ended September 30, 2023, GigaCloud Marketplace had 741 active 3P sellers and 4,602 active buyers.
  • GigaCloud Marketplace GMV was $684.8 million in the 12 months ended September 30, 2023.

Fiverr Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

GAAP gross margin in the fourth quarter of 2023 was 83.1%, an increase of 210 basis points from 81.0% in the fourth quarter of 2022.

Key Points: 
  • GAAP gross margin in the fourth quarter of 2023 was 83.1%, an increase of 210 basis points from 81.0% in the fourth quarter of 2022.
  • Non-GAAP gross margin1 in the fourth quarter of 2023 was 84.6%, an increase of 150 basis points from 83.1% in the fourth quarter of 2022.
  • Adjusted EBITDA1 in the fourth quarter of 2023 was $16.1 million, compared to $9.4 million in the fourth quarter of 2022.
  • Adjusted EBITDA margin1 was 17.6% in the fourth quarter of 2023, compared to 11.3% in the fourth quarter of 2022.

BigCommerce Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.
  • Average revenue per account (ARPA) of enterprise accounts was $40,891, up 6% compared to the fourth quarter of 2022.
  • We reported free cash flow of $12.2 million
    Fiscal Year 2023 Financial Highlights:
    Total revenue was $309.4 million, up 11% compared to fiscal year 2022.
  • These items are not within our control and may vary greatly between periods and could significantly impact future financial results.

Global-E Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

See “Non-GAAP Financial Measures” for additional information regarding this metric, including the reconciliations to Operating Profit (Loss), its most directly comparable GAAP financial measure.

Key Points: 
  • See “Non-GAAP Financial Measures” for additional information regarding this metric, including the reconciliations to Operating Profit (Loss), its most directly comparable GAAP financial measure.
  • Such information may have a significant, and potentially unpredictable impact on the Company’s future financial results.
  • Global-e’s definition of Non-GAAP measures may differ from the definition used by other companies and therefore comparability may be limited.
  • These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

Global Social Commerce Market Report 2024: Coverage of 20 Regional Markets, Analyzing Key Opportunities and Risks - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 6, 2024

The global social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 12.7% during 2024-2029.

Key Points: 
  • The global social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 12.7% during 2024-2029.
  • This report provides a detailed data centric analysis of social commerce industry, covering market opportunities and risks.
  • With over 50+ KPIs at country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics.
  • Below is a summary of key market segments offered at country level:
    Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
    Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
    Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2020-2029

Riskified Outperforms FY'23 Adjusted EBITDA Guidance by 37% and Ends Year with Positive Free Cash Flow

Retrieved on: 
Tuesday, March 5, 2024

For the year ending December 31, 2024, we currently expect:

Key Points: 
  • For the year ending December 31, 2024, we currently expect:
    We anticipate positive Adjusted EBITDA in 2024.
  • Free Cash Flow is limited because it does not represent the residual cash flow available for discretionary expenditures.
  • Free Cash Flow is not necessarily a measure of our ability to fund our cash needs.
  • We define Free Cash Flow as net cash provided by (used in) operating activities, less cash purchases of property and equipment, and cash spent on capitalized software development costs.