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VTEX - VTEX STOCK NEWS

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

VTEX (NYSE: VTEX) is a leading global provider of e-commerce and omnichannel solutions, leveraging its software-as-a-service (SaaS) platform to empower enterprise brands and retailers. Founded in 2000, VTEX offers a comprehensive suite of tools that enable customers to execute their commerce strategies effectively. This includes building online stores, integrating and managing orders across various channels, and creating marketplaces to support third-party vendor sales.

Recognized globally by analysts from Gartner and Forrester, VTEX is considered a vanguard in digital commerce technology. The company prides itself on its single-code, multi-tenant, scalable, and extensible platform, which facilitates high innovation capacity and quick time-to-market for CIOs and business users alike.

VTEX serves over 2,600 customers across 43 countries, including notable brands like Whirlpool, Electrolux, C&A, Disney, Sony, and Lego. These clients rely on VTEX to streamline their online sales and enhance customer experiences. VTEX's recent efforts have focused on global expansion and technological innovation, as evidenced by their semi-annual product showcase, 'VTEX Vision'. This event highlights new features and updates designed to help businesses navigate economic challenges and improve their digital commerce capabilities.

The company’s platform generates the majority of its revenue from Brazil, followed by other regions in Latin America and around the world. VTEX continues to innovate with new products like the VTEX Ad Network, which offers AI-driven ad optimization, and integrations with popular messaging platforms like WhatsApp for personalized sales conversion.

Additionally, VTEX recently announced a partnership with Pinterest to enhance its social commerce capabilities, allowing brands to connect with a wider audience and integrate their product catalogs seamlessly. VTEX's commitment to security is evident in features like VTEX Shield, which provides advanced threat detection and proactive monitoring to safeguard online stores.

Overall, VTEX's emphasis on practical composability, customer-centric innovations, and robust security measures make it a valuable partner for enterprises looking to modernize their e-commerce operations and achieve sustainable growth.

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VTEX, the composable and complete commerce platform, has been recognized as the only vendor in the 2024 Gartner Voice of the Customer for Digital Commerce to be named in the Customers Choice Quadrant, with 98% of VTEX customers willing to recommend the ecommerce platform to peers based on 57 total reviews as of November 2023. VTEX is the only vendor to receive this distinction in the 2024 report, highlighting its strong customer satisfaction and support.
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VTEX (VTEX) named a 'Major Player' in IDC MarketScape: Worldwide Enterprise B2B Digital Commerce Applications 2023–2024 Vendor Assessment
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VTEX (NYSE: VTEX) wins Best Interface Developer Portal category at DevPortal Awards 2023, showcasing commitment to revolutionizing developer experience and empowering global community.
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VTEX (NYSE: VTEX) received three awards in the 2023 AWS Partner Awards, including Global Industry Partner of the Year in Retail and Consumer Packaged Goods. VTEX's composable platform empowers brands and retailers worldwide, helping them scale up sales, optimize fulfillment operations, and make the most of omnichannel possibilities. The company continues to empower its customers to grow above market averages quarter over quarter with its complete and composable platform.
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Hearst, a leading global media and services company, has partnered with VTEX, a complete commerce platform, to transform its business model and create a seamless shopping experience for its 165 million monthly unique users. The collaboration aims to make Hearst's publications shoppable across fashion, DIY, and lifestyle categories, revolutionizing the way consumers engage with its content. VTEX's digital commerce platform will enable Hearst to embrace the digital economy in 2024 and beyond, supported by Valtech, an experience innovation company.
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VTEX (VTEX) reports a 41% increase in GMV and a 29% increase in orders year-over-year during Black Friday 2023.
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VTEX (NYSE: VTEX) expands its Strategic Advisory Board with five retail industry leaders, including Angela Hsu, April Lane, Michael Relich, Silvia Mazzucchelli, and Jean-Michel Kientz. These new members will provide strategic counsel on expansion, product marketing, and sales strategies to bolster VTEX's presence in North America.
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VTEX (NYSE: VTEX) presents VTEX Connect Live | NYC, a U.S.-based event featuring insights from global retail leaders, debrief takeaways from NRF 2024, and a keynote from Magic Johnson. The event aims to inspire commerce leaders and transform their approach to digital commerce in the new year. VIP tickets are sold out, but general tickets are available for purchase.
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VTEX (NYSE: VTEX) announced impressive third quarter 2023 results, with GMV and total revenue YoY growth reaching 35% and 31% respectively. Gross profit increased 36% YoY, representing a margin expansion of 292 bps. Non-GAAP operating income and free cash flow reached $1.7 million and $2.7 million, respectively.
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VTEX to release financial results for third fiscal quarter on November 7th, 2023
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FAQ

What is the current stock price of VTEX (VTEX)?

The current stock price of VTEX (VTEX) is $6.855 as of November 4, 2024.

What is the market cap of VTEX (VTEX)?

The market cap of VTEX (VTEX) is approximately 1.3B.

What services does VTEX provide?

VTEX offers a comprehensive e-commerce and omnichannel SaaS platform that helps enterprise brands and retailers build online stores, manage orders, and create marketplaces.

Who are some of VTEX's notable customers?

VTEX serves over 2,600 customers, including prominent brands like Whirlpool, Electrolux, C&A, Disney, Sony, and Lego.

What is 'VTEX Vision'?

'VTEX Vision' is a semi-annual product showcase that highlights new features and updates aimed at helping businesses navigate economic challenges and enhance their digital commerce capabilities.

How does VTEX ensure security for its platform?

VTEX provides advanced security features like VTEX Shield, which includes proactive monitoring, advanced threat detection, and vulnerability management.

What is the VTEX Ad Network?

The VTEX Ad Network is an innovative solution that allows businesses to create and manage ad space across various digital storefronts, leveraging AI-driven optimization for higher conversions and click-through rates.

How does VTEX integrate with social commerce platforms?

VTEX recently partnered with Pinterest, enabling its customers to integrate their product catalogs, create Pins, and run shopping campaigns on the social media platform.

What markets does VTEX primarily operate in?

VTEX generates the majority of its revenue from Brazil, followed by other regions in Latin America and around the world.

What is VTEX's approach to innovation?

VTEX focuses on practical composability and customer-centric innovations, continually updating its platform to meet the evolving needs of enterprise brands and retailers.

What advantages does VTEX offer to its users?

VTEX provides unmatched flexibility, quick time-to-market, robust security features, and comprehensive solutions that help brands and retailers enhance their digital commerce operations and achieve sustainable growth.

Where can I learn more about VTEX?

For more information about VTEX, visit their official website at www.vtex.com.

VTEX

NYSE:VTEX

VTEX Rankings

VTEX Stock Data

1.27B
78.57M
27.56%
45.69%
0.12%
Software - Application
Technology
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United States of America
London