Global-e Online: Buy This High-Flying E-Commerce Company

Summary

• Global-e Online is a first mover in a rather large niche within e-commerce that is growing like wildfire and the company has no real substantial competitors.
• In the third quarter, gross profit grew faster than revenue growth. The company's gross margins expanded in Q3 to 38.6% up from 30.2% in Q3 of last year.
• When Global-e acquired Flow Commerce, it gave Global-e Online the capability to provide services to small merchants that were previously not eligible.
• There are really very few companies that do all of the things Global-e Online does in the D2C cross-border space and with the ones that do have similar capabilities, it seems that Global-e is not above acquiring them.
• Aggressive growth investors with high risk tolerance should buy Global-e Online hand over first at current prices.  Global-e Online is a high-growth company that looks set to continue increasing margins and bottom-line profitability over the next several years.

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Why Buy Global-e Online at Current Prices

Global-e Online (NASDAQ: NASDAQ:GLBE) is a first mover in a rather large niche within e-commerce that is growing like wildfire and the company has no real substantial competitors. Global-e Online

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GLBE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.