BigCommerce Rise 9% After Higher Merchant Sales During Cyber Week [MarketWatch]
BigCommerce Holdings, Inc. - Series 1 (BIGC)
Company Research
Source: MarketWatch
The ecommerce platform said its platform achieved 100% uptime for the ninth year in a row. In addition to the increase in GMV, shoppers were more active from Thanksgiving to Cyber Monday this year, with total orders up 25%. BigCommerce said Black Friday and Cyber Monday saw the biggest sales volumes for its merchants during the five-day period, with Cyber Monday GMV growing just over 32% compared to the same day last year. Black Friday GMV was up 31% over 2021. Saturday, Nov. 26, and Sunday, Nov. 27, led with the biggest year-over-year increases with a 36% increase on Saturday and nearly a 35% increase Sunday. Thanksgiving Day sales were up 23% over 2021. For BigCommerce merchants, the percentage of sales on mobile devices were down about 3.5% in 2022 and accounted for 38% of total orders during Cyber Week. Sales on tablets were just 1% of total sales. BigCommerce shares closed Wednesday's session up 5%, but are down 38% in the past three months. Write to Chris Wack at chri
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BIGC
Earnings
- 2/22/24 - Beat
BIGC
Sec Filings
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- BIGC's page on the SEC website