Welcome to our dedicated page for Bigcommerce Holdings news (Ticker: BIGC), a resource for investors and traders seeking the latest updates and insights on Bigcommerce Holdings stock.
BigCommerce Holdings, Inc. (NASDAQ: BIGC) is a leading open SaaS platform powering customizable ecommerce solutions for global brands. This page aggregates official announcements, financial updates, and strategic developments for investors and industry professionals.
Access curated press releases covering earnings reports, product innovations, and partnership agreements. Track the company’s progress in composable commerce technology and multi-channel retail integrations. All content is sourced directly from verified corporate communications.
Discover updates on enterprise-grade platform enhancements, B2B/B2C feature rollouts, and global expansion initiatives. Whether monitoring market positioning or evaluating technical capabilities, this resource provides essential insights into BigCommerce’s evolving ecosystem.
Bookmark this page for streamlined access to BIGC’s latest news. Combine real-time updates with in-depth analysis to stay ahead in the dynamic ecommerce sector.
Go Global Ecommerce has been named a BigCommerce Technology Partner, allowing its services to be accessible to tens of thousands of BigCommerce merchants for international sales expansion. Starting now, merchants can integrate Go Global Ecommerce's technology to begin selling globally within two weeks via the BigCommerce App Marketplace. This partnership enhances support for cross-border e-commerce efforts, as Go Global Ecommerce's expertise has previously aided multinational retailers like Nestle and Smeg. BigCommerce aims to provide high-caliber technologies and support to help merchants grow and maximize sales.
BigCommerce (NASDAQ: BIGC) has announced the winners of its 2022 Partner Awards, celebrating the dedication of agency and technology partners across North America, APAC, and EMEA. The awards recognize exceptional partners for their contributions to helping BigCommerce merchants thrive amid economic challenges. This year featured 18 categories, with new awards introduced for best regional partners and omnichannel solutions. CCO Russell Klein emphasized the importance of collaboration within their partner ecosystem. The complete list of winners can be found on the BigCommerce blog.
BigCommerce reported robust financial results for Q4 2022, achieving total revenue of $72.4 million, a 12% increase compared to Q4 2021. The company's Annual Recurring Revenue (ARR) reached $311.7 million, growing 16% year-over-year, with Enterprise ARR increasing 30% to $224 million. Despite a GAAP operating loss of $34.7 million, non-GAAP losses improved to $9.4 million. The firm aims for profitability by Q4 2023, emphasizing enterprise growth and a strong market position. Overall, 2022 revenue rose 27% to $279.1 million, with gross margins remaining stable at 74%.
WPP (NYSE: WPP) and BigCommerce (NASDAQ: BIGC) have announced a strategic partnership aimed at enhancing omnichannel solutions for clients. This collaboration allows WPP to gain priority access to new product tools from BigCommerce and Feedonomics, facilitating data-driven insights for client growth. The partnership promises to upscale 150 commerce specialists in its first year and is aligned with WPP's accelerated growth strategy. Additionally, WPP's involvement in product development and integration with major platforms like Amazon and Google is expected to bolster its competitive edge in the ecommerce landscape.
BigCommerce has launched its Multi-Storefront feature, previously exclusive to enterprise merchants, making it now available for small and midsize businesses (SMBs). This self-service capability allows merchants to manage multiple storefronts from a single BigCommerce dashboard, facilitating sales growth across new regions and segments. The feature aims to streamline operations and reduce maintenance costs for merchants by consolidating management tasks. This move aligns with BigCommerce's commitment to support merchants with effective growth tools, enabling them to adapt to changing economic conditions.
Balance has been named a BigCommerce Certified Technology Partner, enabling tens of thousands of BigCommerce merchants to access digital B2B payment solutions. This integration, available from today, allows merchants to offer streamlined self-service payment options through the BigCommerce App Marketplace. According to a Balance survey, 53% of B2B customers would switch ecommerce sites due to slow payment approvals, emphasizing the need for efficient payment solutions. Additionally, Balance reports that alternative payment options can double average order sizes and reduce overhead costs by 85%.
BigCommerce Holdings (Nasdaq: BIGC) is set to report its fourth quarter and fiscal year 2022 financial results on February 23, 2023, after market close. A conference call is scheduled for 5:00 p.m. ET that same day, where the company's financial performance and business highlights will be discussed. Investors can join the call by dialing specified numbers or access the live webcast through BigCommerce’s investor relations website. Following the call, a replay will be available until March 2, 2023. BigCommerce is recognized as a leading Open SaaS ecommerce platform, serving B2C and B2B brands worldwide.
BigCommerce (Nasdaq: BIGC) announces the return of Mark Adams as senior vice president and general manager for EMEA, aiming for enhanced enterprise growth and profitability.
Previously, Adams led BigCommerce's European market entry from 2018 to 2020, achieving 31% year-over-year revenue growth in EMEA as of Q3 2022. Under his leadership, BigCommerce seeks to expand its customer and agency partner footprint across Europe, leveraging his extensive ecommerce experience.
He succeeds Jim Herbert, who led significant regional expansion. The leadership transition comes during a time of growth and increased ecommerce demand.
BigCommerce announced the launch of MKM Building Supplies' new online storefront, leveraging its headless technology for improved scalability and customer experiences. The transition from a legacy platform to BigCommerce has yielded enhanced ecommerce metrics and increased store visits. Issues such as slow page loads and high ownership costs were overcome, enabling MKM to manage numerous product SKUs and personalize user experiences for B2B and B2C customers. Collaborating with Brave Bison and Vue Storefront, the new site exemplifies successful composable commerce implementation.
