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Global-E Online Priced, Nasdaq: GLBE

Provides a platform for cross-border e-commerce.

Industry: Technology

Latest Trade: $34.07 +1.26 (+3.8%)

First Day Return: +2.0%

Return from IPO: +31.2%

Industry: Technology

We have built the world’s leading platform to enable and accelerate global, direct-to-consumer (“D2C”) cross-border e-commerce. Our platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and to, anywhere in the world - in short, to “go global.” At the same time, to “be local” reflects the localization of the shopper’s experience and our effort to make international transactions as seamless as domestic ones. We increase the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce. Our platform provides a mission-critical, integrated solution that creates a localized and frictionless shopper experience and is simple to manage, flexible to adjust and smart in its local market insights and best practices. The vast capabilities of our end-to-end platform include interaction with shoppers in their native languages, market-adjusted pricing, payment options tailored to local market preferences, compliance with local consumer regulations and requirements such as customs duties and taxes, shipping services, after-sales support and returns management. These elements are unified under the Global-e platform to enhance the shopper experience and enable merchants to capture the cross-border opportunity.
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IPO Data
IPO File Date 03/08/2021
Offer Price $25.00
Price Range $23.00 - $25.00
Offer Shares (mm) 15.0
Deal Size ($mm) $375
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/11/2021
Offer Price $25.00
Price Range $23.00 - $25.00
Offer Shares (mm) 15.0
Deal Size ($mm) $375
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Morgan Stanley
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Company Data
Headquarters Petah Tikva, Israel
Founded 2013
Employees 289
Website www.global-e.com

Global-E Online (GLBE) Performance