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GLOBANT S.A. - GLOB STOCK NEWS

Welcome to our dedicated page for GLOBANT S.A. news (Ticker: GLOB), a resource for investors and traders seeking the latest updates and insights on GLOBANT S.A. stock.

GLOBANT S.A. (NYSE: GLOB) is a pioneering technology services provider specializing in delivering innovative software solutions by harnessing emerging technologies and market trends. Founded in 2003 in Argentina and now headquartered in Luxembourg, Globant is a digitally native company dedicated to aiding clients in their digital transformation journeys. With a workforce of over 29,000 professionals across more than 30 countries, Globant’s services span multiple industries, including media, entertainment, and financial services.

Globant combines the technical precision of IT service providers with the creativity of digital agencies, creating a unique blend of engineering, design, and innovation at scale. Its notable clients include industry giants like Google, Electronic Arts, and Santander. The company has achieved numerous accolades, including being named a Worldwide Leader in Customer Experience (CX) Improvement by the IDC MarketScape report and being profiled as a business case study at prestigious institutions such as Harvard, MIT, and Stanford.

Recent Developments:
Globant recently launched its Connected Experiences Studio, which aims to revolutionize customer interactions by leveraging AI and cutting-edge technology. This new studio focuses on providing end-to-end connected experiences that bridge the gap between the physical and digital worlds. Additionally, Globant reported robust financial performance for the fiscal year ending December 31, 2023, with $2.1 billion in revenue, marking a 17.7% year-over-year growth. The company’s focus on profitability and operational efficiency has resulted in a strong financial position.

Globant continues to expand its service offerings and geographic footprint, driven by acquisitions and strategic partnerships. The company’s latest acquisitions, GUT and Iteris, further bolster its creative and digital capabilities. According to CEO and co-founder Martín Migoya, the company remains optimistic about future growth, emphasizing its strategic focus on AI and generative AI capabilities.

For more information, visit www.globant.com.

Rhea-AI Summary
ConnexPay, the B2B payments company, has achieved significant growth following a $110 million investment. The company has doubled its customer base and expanded internationally, adding British Pounds and Euros as currencies. Leadership appointments have been made to drive global expansion. ConnexPay's annual revenue is forecast to grow 70% YoY. The company has also invested in its product offering, including push-to-card payouts and virtual card issuing. ConnexPay has received recognition for its growth and innovation.
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FTV Capital has been included on Inc.'s annual Founder-Friendly Investors list for the third consecutive year. The list recognizes 218 firms that have a strong track record of success in supporting entrepreneurs. FTV has generated over $6.5 billion in realizations and deployed $5 billion into nearly 140 portfolio companies since its founding in 1998. The firm recently secured a minority investment from Blackstone GP Stakes and announced two investments in the financial services sector.
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Globant launches ServiceNow Studio to unlock the full potential of the platform for clients
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Globant announces global winners of Women That Build Awards 2023
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Selina Hospitality announces global corporate brand partnership with Globant
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Globant reports strong half-year performance with revenues of $497.5 million, up 15.9% YoY. Positive outlook for Q3 and full year 2023 with estimated revenues of at least $545.0 million and $2,094.0 million respectively.
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Globant, LaLiga Tech, and Microsoft are collaborating to utilize Artificial Intelligence and Microsoft Azure OpenAI Service to improve sports data and enhance the fan experience. The initiative will expand beyond football to include other sports such as basketball, rugby, and tennis. The projects aim to provide real-time data for coaches, generate personalized content for fans, and deliver immersive materials for broadcasters.
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Globant (NYSE: GLOB) Announces Launch of Dedicated Microsoft Studio to Enhance Client Investments. The initiative aims to consolidate Globant's expertise with Microsoft's capabilities, offering unparalleled technology and innovation proficiency. The full suite includes Cloud Strategy and Economics, Azure Data and AI, Migration and Modernization, Enterprise Services, and Managed Services.
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Globant (GLOB) to Release Q2 2023 Results on August 17, 2023, with CEO and Executives to Discuss in Video Conference Call
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Globant, a digitally native company, announced a five-year, $1 billion investment plan in Latin America. The plan includes opening an Emerging Technologies Innovation Center in Brazil, developing AI-based products, and hiring 20,000 professionals in the region.
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FAQ

What is the current stock price of GLOBANT S.A. (GLOB)?

The current stock price of GLOBANT S.A. (GLOB) is $203.29 as of November 15, 2024.

What is the market cap of GLOBANT S.A. (GLOB)?

The market cap of GLOBANT S.A. (GLOB) is approximately 8.9B.

What is Globant S.A.?

Globant S.A. (NYSE: GLOB) is a technology services provider focused on delivering innovative software solutions by leveraging emerging technologies and market trends.

Where is Globant headquartered?

Globant is headquartered in Luxembourg, although it was originally founded in Argentina in 2003.

Who are some of Globant's notable clients?

Globant’s clients include major companies like Google, Electronic Arts, and Santander.

What recent achievements has Globant made?

Globant launched its Connected Experiences Studio and reported $2.1 billion in revenue for 2023, a 17.7% year-over-year growth.

How many employees does Globant have?

Globant has over 29,000 employees working across more than 30 countries.

What industries does Globant serve?

Globant primarily serves the media and entertainment and financial services industries.

What is the focus of Globant's Connected Experiences Studio?

The Connected Experiences Studio aims to enhance customer interactions by leveraging AI and cutting-edge technology to create immersive, personalized user experiences.

What are Globant's recent acquisitions?

Globant has recently acquired GUT and Iteris to strengthen its creative and digital capabilities.

What financial performance did Globant achieve in 2023?

Globant reported $2.1 billion in revenue for 2023, marking a 17.7% year-over-year growth.

Where can I find more information about Globant?

For more information, visit Globant's official website at www.globant.com.

GLOBANT S.A.

NYSE:GLOB

GLOB Rankings

GLOB Stock Data

8.86B
43.24M
2.25%
104.25%
5.36%
Information Technology Services
Technology
Link
United States of America
Luxembourg