Shopify Takes $193 Million Pre-IPO Stake in Partner Global-E

·2-min read
Shopify Takes $193 Million Pre-IPO Stake in Partner Global-E

While it may not be a household name, Global-E Online (NASDAQ: GLBE) is indispensable for cross-border e-commerce around the globe. Global-E Online is scheduled to begin trading on the Nasdaq Stock Exchange sometime next week, using the ticker "GLBE," though the final date has yet to be confirmed. The company has an arrangement with Shopify (NYSE: SHOP), which has taken a keen interest in the company.