Operator: Thank you. Our next question is from the line of Koji Ikeda with Bank of America. Please proceed with your question.
Koji Ikeda: Yeah, hey guys! Thanks for taking the questions. You know I definitely appreciate all the color earlier on the go-live question, so thank you for that. And I wanted to ask you kind of a question in the way that your end market is viewing. You know the importance or maybe the strategicness of cross-border as a growth category for these businesses heading into next year. Is there any change in the way that the end market is viewing the importantness or strategicness of cross-border?
Amir Schlachet: Hi Koji! This is Amir. I think in general it’s no different than the trend that we have seen over many years now. This is not a new trend. Businesses are moving into direct-to-consumer, as it is both benefit for both the brands and the consumers alike. So we are seeing a continuation of that trend. We’re seeing more and more merchants, more and more verticals that are adopting direct-to-consumer on a global scale as a key pillar of their strategy going forward. I think we mentioned in the past that brands like Adidas that have put this as a key part of their strategic plan, their kind of five year plan in other prominent brands and others are following suit. So we are seeing definitely a continuation of that trend in the market across all geographies basically.
Koji Ikeda: Got it, thank you. And then just one follow-up for me. I wanted to ask you a question on Borderfree. Maybe help us understand the contribution of Borderfree for total revenue, and then also, I noticed and you mentioned U.S. outbound revenues definitely up 184%, so great number there. But maybe help us understand how much of contribution was Borderfree to U.S. outbound? Thanks guys.
Ofer Koren: So as we guided, Borderfree is expected to contribute this year $125 million to $135 million in GMV with a similar take rate to our average take rate. So this gives you a very good indication of the revenue contribution. Regarding U.S. outbound, since Borderfree is very biased towards the U.S., most of its activities U.S. outbound, and then obviously it has a significant contribution. However, even putting Borderfee aside, the Global-e, the business, U.S. outbound on the Global-e platform has grown very fast this quarter and for the last nine quarters and previous years as well.
Koji Ikeda: Okay. And maybe just last follow-up. You know just the Borderfree GMV for the third quarter, did it come in maybe at the range, below the range or above the range of the guide for the third quarter of the $50 million to $54 million? Thanks guys.
Ofer Koren: It came in slightly above the range.
Koji Ikeda: Got it. Thank you so much.
Amir Schlachet: Thanks.
Operator: Thank you. Our next question is from the line of Josh Beck with KeyBanc. Please proceed with your question.
Josh Beck: Thanks for taking the question. I wanted to ask a little bit about the market backdrop within e-commerce. I think what we’ve heard from some of the domestic companies is, U.S. was maybe up a tad in Q3 flattish. I think the view on Europe is that likely declined in Q3. And you’ve seen a lot of people back in office effectively their market forecast for domestic. So I’m just kind of curious, when you double-click in the cross-border sector, what you’re seeing maybe at a sector level and how you’re thinking about the growth algorithm for cross-border at a market level going into next year?
