VTEX: Europe And The U.S. Expansion Is Very Positive

Jun. 23, 2023 10:58 AM ETVTEX (VTEX) StockVTEX

Summary

  • VTEX is expanding its e-commerce software as a service platform into the US and Europe, targeting a combined market worth over $1.5 trillion.
  • Entry into these markets is still in early stages, and it may take time for VTEX to establish its presence and see a boost in revenue.
  • Risks for VTEX include foreign exchange fluctuations and the need to maintain technological innovation to remain competitive.

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Investment thesis

In the realm of e-commerce, VTEX (NYSE:VTEX) is a Brazilian tech firm that provides a software as a service platform to both small businesses and multinational corporations. The company provides a wide variety of market entry

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