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PETAH-TIKVA, Israel, May 3, 2021 /PRNewswire/ Global-e Online Ltd. ( Global-e ), the world s 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, less underwriting discounts and commissions. The initial public offering price is expected to be between $23 and $25 per share. Global-e has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol GLBE .
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 $1 billion.
The underwriters supporting the offering are Goldman Sachs, Morgan Stanley, Jefferies, Piper Sandler, KeyBanc, JMP and Raymond James. Legal support is being provided by Meitar Law Offices and Gornitzky & Co.
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PETAH-TIKVA, Israel, March 9, 2021 /PRNewswire/ Global-e Online Ltd. ( Global-e ), the world s 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 proposed offering have not yet been determined. Global-e has applied to list its ordinary shares on the NASDAQ Global Select Market under the symbol GLBE. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
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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, 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 international traffic, increase conversion rates, grow sales in key markets and penetrate new markets. Within just four months, Vincero Watches international conversion rate increased by 31% YoY.
As a result of the partnership with Global-e, Vincero Watches is now able to offer its global customers a new and improved customer journey. This includes localized messaging tailored to the market, allowing shoppers to browse and buy in their local currency with over 100 currencies supported, multiple shippi