Business ExpansionGLBE is growing beyond Shopify, expanding its 3P partner pipeline to include Salesforce/Commerce Cloud, Adobe/Magento, and Wix.
Competitive EdgeManagement suggests win rates should naturally match or exceed the ~90% win rate on other platforms, providing a competitive edge in the Shopify environment.
Growth ProspectsShares are well positioned to rebound given macro and regulatory-related uncertainties are comfortably baked into the midpoint of guidance while steady growth and new merchant incrementality appear still in line with expectations.