Global-e Online Ltd. (NASDAQ:GLBE) Q3 2022 Earnings Call Transcript

Brent Bracelin : Got it. Helpful color there. And then just one quick follow-up on Borderfree. This has now been part of the operations here for four months. Are there any new products or customer cross-sell opportunities that you’re optimistic could actually materialize next year or is it kind of a little too early to discuss?

Nir Debbi : We are very optimistic with the build that we’re advancing on the back of the base we bought in demand generation, where part of the rationale for the transaction was actually a demand generation asset that Borderfree had related to registered users, international buyers, assets as well as international portal. We are advancing in our plan to utilize it across all the globally group merchants, which is more than 10 times bigger than what the group of merchants of Borderfree stand alone, and we do believe we will be able to utilize it sometime, I would say second half of next year.

Brent Bracelin : Helpful color. Thank you.

Amir Schlachet: Thanks Brent.

Operator: Thank you. This brings us to the end of our question-and-answer session. I would like to turn the floor back over to Amir for closing comments.

Amir Schlachet: Thank you. And thank you everyone for joining us today. For your interest and your questions and for your continued support during what was another very strong quarter for us. As you heard from us today, there are a lot of exciting developments in our business and a bright future ahead of us. And as such, we very much look forward to seeing you again on our future earnings calls, but for now goodbye and take care!

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.