Bullish indicating open at $55-$60, IPO prices at $37
Investing.com -- Global-e Online reported a 28% year-over-year increase in revenue for the second quarter of 2025, exceeding analyst expectations and achieving GAAP profitability with a net profit of $10.5 million.
The cross-border e-commerce company has raised its full-year guidance, signaling confidence in continued growth.
For the third quarter of 2025, Global-e expects Gross Merchandise Value (GMV) between $1,455 million and $1,495 million, with revenue projected between $214 million and $221 million.
The company has also increased its fiscal year 2025 GMV guidance to a range of $6,220 million to $6,520 million, while anticipating full-year revenue between $921.5 million and $971.5 million.
Global-e attributes its strong performance to successful onboarding of new merchants across various geographies and verticals.
Strategic initiatives, including an extended partnership with DHL and the acquisition of ReturnGo, have contributed to operational efficiency improvements.
The 34% year-over-year increase in GMV reflects robust demand for global e-commerce solutions in the market.
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