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.
- Source: Press Release
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BigCommerce finds automotive e-commerce is poised for growth in 2023