Global-e Reports 36% Year-over-Year Increase in Black Friday-Cyber Monday Sales

Reuters12-02
Global-e Reports 36% Year-over-Year Increase in Black Friday-Cyber Monday Sales

Global-e Online Ltd. reported a 36% year-over-year increase in global e-commerce sales during the Black Friday-Cyber Monday (BFCM) weekend. The company noted strong sales growth across several markets, including Japan, the United States, Hong Kong, the Netherlands, Spain, France, and Germany. Black Friday accounted for 31% of total BFCM weekend sales, while Cyber Monday represented 22%. Promotional activity began earlier than in previous years, with many merchants seeing increased sales from the outset of November. E-commerce sales through Global-e's platforms during the promotional season, starting in early November and including the BFCM weekend, grew by 37% compared to the previous year. This period also marked the first time Global-e surpassed $1 billion in gross merchandise value (GMV) in a single month.

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