Jefferies analyst Samad Samana notes that Shopify (SHOP) reported Black Friday-Cyber Monday weekend GMV of about $14.6B, up about 27% year-over-year and up 24% on a constant currency basis. This morning, Global-e Online (GLBE) also reported 36% year-over-year growth in BFCM GMV, the analyst added. The firm, which says the data leave it “constructive on the near-term outlook,” views Shopify and Global-e as on track for a “healthy” Q4, the analyst tells investors.
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