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Global-E completes Nasdaq IPO at $3.55b valuation The Israeli e-commerce company raised $375 million and the share price rose 2% on its first day of trading. Israeli international e-commerce platform Global-E has raised $375 million in its initial public offering (IPO) on Nasdaq, at a company valuation of $3.55 billion. The amount could grow by a further $56.3 million, if the underwriters exercise their options to buy more shares at the IPO price of $25, in the next 30 days. On its first day of...

The Israeli e-commerce company has developed a platform that allows communication with buyers in 25 languages and purchases in more than 100 currencies while calculating local sales taxes.

Share this article Share this article PETAH-TIKVA, Israel, May 3, 2021 /PRNewswire/ -- Global-e Online Ltd. ("Global-e"), the worlds leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce, today announced that it has commenced the initial public offering of 15,000,000 of its ordinary shares. In addition, Global-e expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 ordinary shares at the initial public offering price,...

Global-E files for Nasdaq IPO at over $1b valuation The Israeli company has developed an international e-commerce platform that allows cross-border purchases in over 100 currencies in 25 languages. Israeli international e-commerce platform Global-E has filed a prospectus with the US Securities and Exchange Commission (SEC) to raise $100 million on Nasdaq. The Petah Tikva-based company did not mention the company valuation in the filing but it can be estimated that the company is worth more than...

Share this article Share this article PETAH-TIKVA, Israel, March 9, 2021 /PRNewswire/ -- Global-e Online Ltd. ("Global-e"), the worlds leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce, today announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") relating to the proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the propo...

(1) Within only four months of implementing Global-es cross-border ecommerce solution, the premium watch brand saw an average 31% YoY increase in international conversions across all global markets NEW YORK, Jan. 7, 2021 /PRNewswire/ -- Luxury watch brand Vincero Watches and Global-e, the leading provider of cross-border ecommerce solutions, today announced their collaboration on an improved localized ecommerce experience built to increase global customer satisfaction, capitalize on internation...

Vincero Watches Sees a 31% Increase in International Conversions After Implementing Global-e’s D2C Online Strategy December 10, 2020 Within only four months of implementing Global-e’s cross-border ecommerce solution, the premium watch brand saw an average 31% YoY increase in international conversions across all global markets New York, Dec. 10, 2020 – Luxury watch brand Vincero Watches and Global-e, the leading provider of cross-border ecommerce solutions, today announced their collaborat...