GLOBAL-E ONLINE LTD

Global-e Online reported Q2 GMV of $2.089 billion (+44%), revenue of $299 million (+39%) and adjusted EBITDA of $62.4 million (+62%). The company closed the Passport acquisition, which it expects to generate over $100 million in 2026 revenue and expand non-merchant-of-record logistics offerings. Management raised full-year guidance for GMV, revenue and adjusted EBITDA and the board authorized a new $500 million share-repurchase program. » More on finance.yahoo.com

COO Tamari Shahar sold 24,999 ordinary shares of Global-E on Aug. 5 for about $1.0 million, representing roughly 0.6% of her direct holdings. Post-transaction Shahar still holds 3,881,688 shares (direct stake valued at $161.36 million) plus 882,600 vested but unexercised derivative securities. The sale appears to be a minor, likely pre-planned disposition while Global-E reports improving fundamentals including 28% year-over-year sales growth, a turnaround to positive net margins, and an upcoming earnings report on Aug. 12. » More on finance.yahoo.com

Global-e has completed the acquisition of US logistics firm Passport for $350 million, financed roughly half in cash and half in Global-e shares. Additional contingent payments of up to $75 million are tied to Passport’s 2026 results. The acquisition adds standard shipping, an asset-light multi-carrier network and returns solutions to Global-e; Passport will remain as a brand and its founder Alex Yancher has joined the executive team. Global-e plans to update its 2026 financial outlook in August to reflect the impact of the acquisition. » More on de.investing.com

Global-e agreed to acquire Passport Global for $350 million upfront, funded roughly equally with cash and ordinary shares, plus up to $75 million contingent on Passport’s 2026 results; Passport is expected to generate about $100 million revenue in 2026. The deal expands Global-e’s logistics capabilities with carrier services, direct injection, consolidated returns, customs brokerage and last-mile support, and preserves Passport’s non‑Merchant of Record offering. Global-e reported Q1 GMV of $1.74 billion (up 40% y/y), revenue of $252.1 million (up 33%) and raised its full‑year 2026 outlook across GMV, revenue and adjusted EBITDA. » More on finance.yahoo.com

Global-e reported 33% revenue growth and 40% GMV growth in Q1, improved adjusted gross margin and higher adjusted net income, and continues to win luxury and mass-market clients while expanding partnerships like Shopify. Management cited a temporary hit from the Iran war affecting about 5% of GMV, and rising inflation adds macro risk. The stock trades at about 50 times trailing earnings, leaving valuation-sensitive investors exposed to near-term volatility despite the company’s long-term growth prospects and AI-driven capacity gains. » More on finance.yahoo.com