AI InitiativesA new proprietary AI initiative is being developed to target smaller merchants, which could potentially expand GLBE's market reach and build a scalable merchant acquisition pipeline.
Financial PerformanceGlobal-e reported strong results with GMV, total revenue, and adjusted EBITDA above estimates, demonstrating durability and growth in a challenging eCommerce environment.
Partnerships And CollaborationsGLBE's new preferred status with Shopify includes access to Shop Pay and select APIs, which reduces revenue share paid to Shopify and improves conversion rates.