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BigCommerce Holdings, Inc. Series 1 - BIGC STOCK NEWS

Welcome to our dedicated page for BigCommerce Holdings Series 1 news (Ticker: BIGC), a resource for investors and traders seeking the latest updates and insights on BigCommerce Holdings Series 1 stock.

BigCommerce Holdings, Inc. Series 1 Common Stock (symbol: BIGC), is a leading provider of a robust e-commerce platform designed to empower businesses to launch, manage, and scale successful online stores. Established in 2009, BigCommerce facilitates both emerging and established brands with its sophisticated, yet user-friendly, Software-as-a-Service (SaaS) solution, combining ease-of-use with enterprise-grade functionality.

BigCommerce stands out due to its advanced features, superior site performance, and streamlined business processes. The company's clients benefit from capabilities that drive higher revenues compared to competitive e-commerce solutions. The platform supports thousands of retailers globally, boosting their reach across online marketplaces, social networks, and offline point-of-sale systems.

Product Highlights:

  • Comprehensive tools for branding and customizing online stores.
  • Seamless cross-channel integrations.
  • High-performance hosting ensuring site speed and reliability.
  • Flexible APIs for extensive customization.

The company's impressive growth is backed by significant financial support, having secured over $100 million in funding from reputable investors including SoftBank Capital, American Express, Telstra Ventures, General Catalyst, Revolution Growth, and Floodgate. This strong financial foundation has enabled BigCommerce to continuously enhance its platform and expand its global footprint.

Recent Achievements:

  • First Quarter Total Revenue reached $80.4 million, marking a 12% increase compared to the prior year.
  • Annual Recurring Revenue (ARR) totaled $340.1 million, with an 8% increase in Enterprise ARR.

The company is headquartered in Austin, Texas, with additional offices in San Francisco, California, and Sydney, Australia, supporting a broad geographical market including the Americas, EMEA, and APAC regions, with the majority of revenue generated from the U.S.

BigCommerce's commitment to innovation and customer success has positioned it as a trusted partner for numerous prominent brands such as Burrow, Coldwater Creek, Francesca’s, and Harvey Nichols. With its open SaaS platform, BigCommerce continues to drive growth and efficiency for B2C and B2B companies across various industries.

Financial Overview:

  • Consistent revenue growth with detailed quarterly financial outlooks.
  • Commitment to transparency with regular updates and conference calls.
  • Focus on maintaining a strong financial position to support ongoing innovation and customer success.

Join the next BigCommerce conference call on May 9, 2024, for a comprehensive discussion on financial results and business highlights. For more information and to access the live webcast, visit BigCommerce’s investor relations website.

News

BigCommerce Unveils Catalyst Storefront Technology, Empowering Rapid Launches of Composable Ecommerce Experiences

Rhea-AI Summary
BigCommerce (BIGC) has announced the availability of Catalyst, its next generation storefront technology, designed for mid-market and enterprise B2C and B2B brands and retailers. Catalyst aims to provide a simplified starting point for building online stores using a composable architecture, targeting Google Lighthouse scores of 100 out-of-the-box. The acquisition of Makeswift, a composable page builder, enhances the Catalyst experience, enabling brands and retailers to create incredible customer experiences faster.
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BigCommerce Named a Major Player in IDC MarketScape: Worldwide B2C Digital Commerce Platforms for MidMarket Growth 2024 Vendor Assessment

Rhea-AI Summary
BigCommerce (Nasdaq: BIGC) has been recognized as a Leader in the IDC MarketScape: Worldwide B2B Digital Commerce Applications for MidMarket Growth 2023-2024 Vendor Assessment. Additionally, it has been named a Major Player in the new IDC MarketScape: Worldwide B2C Digital Commerce Platforms for MidMarket Growth 2024 Vendor Assessment. The report evaluated 25 digital commerce vendors based on their capabilities and strategy for B2C use cases. Heather Hershey, research director at IDC, highlighted BigCommerce as a suitable choice for fast-growing, experience-driven brands seeking a multi-tenant SaaS B2C digital commerce platform. The report also identifies BigCommerce's strengths in B2C MidMarket Digital Commerce as developer- and business user-friendly.
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Talkdesk Named BigCommerce Technology Partner

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Talkdesk, a global AI-powered contact center leader, announced its partnership with BigCommerce, providing retailers with access to an AI-powered customer experience platform. The integration aims to unify the customer journey across physical and digital channels, automate retail inquiries, and empower agents with AI guidance. The partnership is expected to improve time-to-value, reduce total cost of ownership, and enhance customer and agent satisfaction.
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Algolia Named a BigCommerce Preferred Technology Partner

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Algolia, an end-to-end AI Search and Discovery platform, has integrated with BigCommerce, a composable architecture platform, to provide seamless access to advanced search capabilities for FKA Brands, leading to faster time-to-value, increased agility, scalability, and cost efficiency. The integration aims to offer a more intuitive online shopping experience for consumers, resulting in superior conversions and increased revenue at enterprise scale. The partnership reflects a shared vision of empowering online retailers to scale their businesses confidently and deliver rich shopping experiences across diverse devices and channels.
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Leading UK Fashion Brand White Stuff Boosts Customer Experience with New Composable Website on BigCommerce

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BigCommerce (BIGC) announced the successful launch of White Stuff, a leading British fashion and lifestyle brand, on its platform. The replatforming resulted in an 80% increase in site speed and a 100% increase in mobile site speed for White Stuff. The company's technology and transformation director, Steve Borg, highlighted the enhanced flexibility and agility that the new platform provides, emphasizing the improved customer experience and international growth opportunities. White Stuff's collaboration with Apply Digital, Vue Storefront, Amplience, Akeneo, and Constructor has resulted in a highly composable tech stack that aligns with MACH Alliance principles, enabling rapid innovation and adaptation to evolving customer needs.
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BigCommerce to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on February 22, 2024

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BigCommerce Holdings, Inc. will report its financial results for the fourth quarter and fiscal year ended December 31, 2023, on February 22, 2024. The conference call and webcast to discuss the financial results and business highlights are scheduled for the same day at 8:00 a.m. ET. Investors and analysts can access the call and webcast through the provided phone numbers and web link. A telephone replay and webcast replay will be available after the call.
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Foldable Bicycle Pioneer Brompton Future-Proofs Business with New Composable Ecommerce Site on BigCommerce

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BigCommerce (BIGC) announced the launch of Brompton, the foldable bicycle company, on its platform. Brompton struggled with its previous platform and tech stack, seeking a new platform that offered flexibility and scalability. The new composable site leverages multiple BigCommerce partners for a composable commerce site, and Brompton's BigCommerce sites currently support sales in the UK and US, with plans to expand into additional European markets soon.
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BigCommerce Wins Vendors in Partnership Award for Best Commerce or Multi-Vendor Platform

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BigCommerce (BIGC) has been awarded the Vendors in Partnership (VIP) Award for 2024 Best Commerce or Multi-Vendor Platform, validating its customer-first approach, innovation, and strong partner ecosystem in B2C and B2B ecommerce. The award recognizes solution providers that power the retail ecosystem and celebrate transformative partnerships and great solutions.
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BigCommerce and Marketplacer Announce Strategic Partnership to Help Retailers Accelerate Growth

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BigCommerce (BIGC) and Marketplacer Announce Strategic Partnership to Enable Multi-Vendor Marketplaces
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BigCommerce Named a Leader in IDC MarketScape: Worldwide B2B Digital Commerce Applications for MidMarket Growth

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BigCommerce (BIGC) named a Leader in the new IDC MarketScape: Worldwide B2B Digital Commerce Applications for MidMarket Growth 2023–2024 Vendor Assessment. Recognized for business agility, tech agility, and experiences as core differentiation strategies.
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FAQ

What is the current stock price of BigCommerce Holdings Series 1 (BIGC)?

The current stock price of BigCommerce Holdings Series 1 (BIGC) is $6.18 as of December 20, 2024.

What is the market cap of BigCommerce Holdings Series 1 (BIGC)?

The market cap of BigCommerce Holdings Series 1 (BIGC) is approximately 490.7M.

What is BigCommerce Holdings, Inc.?

BigCommerce Holdings, Inc. is a leading provider of a robust e-commerce platform that helps brands launch, manage, and scale online stores.

What does BigCommerce's platform offer?

BigCommerce offers a comprehensive SaaS platform with advanced features, enterprise functionality, and flexibility to help businesses succeed online.

Where is BigCommerce headquartered?

BigCommerce is headquartered in Austin, Texas, with additional offices in San Francisco, California, and Sydney, Australia.

Who are some of BigCommerce's prominent clients?

Some of BigCommerce's prominent clients include Burrow, Coldwater Creek, Francesca’s, and Harvey Nichols.

How is BigCommerce performing financially?

BigCommerce reported a first-quarter total revenue of $80.4 million in 2024, with an annual recurring revenue (ARR) of $340.1 million.

Who are the investors backing BigCommerce?

BigCommerce has received funding from investors such as SoftBank Capital, American Express, Telstra Ventures, General Catalyst, Revolution Growth, and Floodgate.

What geographical markets does BigCommerce operate in?

BigCommerce operates in the Americas, EMEA, and APAC regions, with the majority of its revenue generated from the U.S.

How does BigCommerce support its retailers?

BigCommerce supports retailers with branding tools, cross-channel integrations, high-performance hosting, and flexible APIs.

When is BigCommerce's next conference call?

BigCommerce's next conference call is scheduled for May 9, 2024, at 8:00 a.m. ET.

Where can I find more information about BigCommerce?

For more information, visit BigCommerce's investor relations website at http://investors.bigcommerce.com.

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BigCommerce Holdings, Inc. Series 1

Nasdaq:BIGC

BIGC Rankings

#3115 Ranked by Market Cap
N/A Ranked by Dividends

BIGC Stock Data

490.66M
65.31M
16.47%
76.83%
10.01%
Software - Application
Services-prepackaged Software
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United States of America
AUSTIN