Global-e Online Ltd. (GLBE) Q2 2022 Earnings Call Transcript
GLBE earnings call for the period ending June 30, 2022.
Source: fool.com
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GLBE earnings call for the period ending June 30, 2022.
Global-e Online has been a rough ride since its $25 IPO in May 2021. After more than tripling in a few months, the stock fully round-tripped. Read more here.
Borderfree has been acquired from Pitney Bowes by Israeli cross-border firm Global-e for $100M, about a quarter of its original price.
The Israeli company will pay Pitney Bowes cash for the cross-border e-commerce payment solutions company and has also formed a strategic partnership with Pitney Bowes.
The future looks bright for these e-commerce companies.