Global-e Online Ltd. (GLBE), headquartered in Petah Tikva, Israel, enables cross-border direct-to-consumer e-commerce through its platform. Its end-to-end solutions help retailers and brands increase international traffic conversion and sales and achieve online growth.
The company declared its third-quarter results last week, reporting topline growth and narrowing losses. However, GLBE also lowered its fiscal 2023 topline outlook. The company earlier expected its revenue to come in between $570 million and $596 million, while it now expects fiscal 2023 revenue between $563 million and $571 million.
