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BIGC - BigCommerce finds automotive e-commerce is poised for growth in 2023
BigCommerce Holdings Inc.
2023-06-21 08:32:50 ET
Open SaaS ecommerce platform BigCommerce ( NASDAQ: BIGC ) said on Wednesday that automotive e-commerce is poised for growth this year as part of its 2023 global e-commerce report.
The data showed a 4.3% Y/Y increase in gross merchandise volume for automotive merchants in Q1.
Automotive's average order value increased 5% on a yearly basis during the quarter.
The automotive industry is quickly shifting gears to e-commerce, the data showed.