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Stock impact report

VTEX Customers Drive $0.9 Billion in Black Friday-Cyber Monday Sales [Yahoo! Finance]

VTEX Class A Common Shares (VTEX) 
Company Research Source: Yahoo! Finance
NEW YORK, December 03, 2024 BUSINESS WIRE )--VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, announced today that VTEX customers reached a GMV of US$0.9 billion over Black Friday-Cyber Monday week*. Compared to 2023, orders increased 21% and GMV grew 19% in FX-neutral and 1% in USD, reflecting the impact of foreign exchange dynamics. In this edition, across the 43 countries where VTEX operates, the top-performing verticals were Electronics Home, Furniture & Decoration and Apparel & Accessories achieving GMV FX-neutral growth of % and %, respectively. "This Black Friday marked another robust moment for our customers worldwide, reinforcing our commitment to providing a reliable and high-performance platform that drives profitable growth and innovation in an ever-evolving market," said Geraldo Thomaz, founder and co-CEO at VTEX. "On top of our B2C results, we're seeing significant B2B growth, highlighting the undergoing expansion of Show less Read more
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