Global-E Online: Well-Positioned In The Rapidly Growing Cross-Border E-Commerce Market

Jun. 09, 2023 11:57 AM ETGlobal-E Online Ltd. (GLBE) StockGLBE2 Comments
Arbab Shahzeb
622 Followers

Summary

  • Global-e currently holds a small market share, which I believe leaves significant room for growth.
  • The company's better-than-expected financial results and increasing demand for its platform demonstrate its effectiveness in attracting new customers and driving revenue growth.
  • I keep an end-of-year price target of $45 on the stock.

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Thesis

I believe that Global-e Online Ltd. (NASDAQ:GLBE) provides a unique investment opportunity in the rapidly growing sub-sector of e-commerce, specifically cross-border direct-to-consumer (D2C) transactions. I anticipate that D2C cross-border sales will become a significant portion of the global e-commerce

This article was written by

622 Followers
MBA Student with three years of experience in sell-side. I focus on value opportunities in the market that provide a deep margin of safety.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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