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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 (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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VTEX delivers $5.8M cost savings to merchants, achieves 133% ROI: Study
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PatBO sees 300% increase in ecommerce revenue following live shopping session at New York Fashion Week
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VTEX named a Visionary in the 2023 Gartner Magic Quadrant for Digital Commerce, with high rankings in multiple use cases. Customers praise VTEX for its agility and innovation. Overall rating of 4.7 out of 5 and 96% willingness to recommend.
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VTEX (NYSE: VTEX) reported strong financial results for Q2 2023, with GMV and total revenue YoY growth reaching 23% and 24% respectively. Non-GAAP operating margin expanded 42% YoY, reaching (3.2)%. The company also announced a 27% increase in subscription gross profit and a decrease in non-GAAP loss from operations.
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VTEX (NYSE: VTEX) Receives Gold Medals in All 12 Categories in Paradigm B2B Combine: Enterprise Edition Report, Demonstrating Strong Market Position and Client Momentum
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FAQ

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

The current stock price of VTEX (VTEX) is $6.38 as of November 21, 2024.

What is the market cap of VTEX (VTEX)?

The market cap of VTEX (VTEX) is approximately 1.2B.

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

1.15B
51.67M
27.56%
52.79%
0.13%
Software - Application
Technology
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United States of America
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