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BIGC - BigCommerce: Buy The Dip And Hold For The Long Term
BigCommerce Holdings Inc.
Bigcommerce released strong Q2 numbers during their first quarter as a publicly-traded company. Being the #2 competitor behind Shopify, I was impressed by the healthy growth in both ARR and quarterly revenue.
Q2 revenue increased by 33% to 36.3 million while ARR increased by 32% to 151 million. 30%+ quarterly revenue gains is strong enough to maintain for the next couple of quarters as more people rush to sell things online.
(Source: Seekingalpha)
Global Pandemic Forced Consumers to Shop Online
E-commerce trends exploded due to the global pandemic and many shoppers realize how convenient shopping