E-commerce firm BigCommerce Holdings (BIGC) has partnered with Argentina-based Mercadolibre (MELI) to enable its customers to sell across Latin America through Mercadolibre’s marketplace. BigCommerce’s shares closed 7% higher on Tuesday, while Mercadolibre’s shares gained 3% and closed at $1,542.15. Texas-based BigCommerce is a software-as-a-service (SaaS) platform that offers search engine optimization, hosting, online store creation, and security and marketing for small and medium-sized enterprises. Mercadolibre operates online marketplaces for auctions and E-commerce in 18 nations. (See BigCommerce stock chart on TipRanks) Following the deal, BigCommerce merchants can use BigCommerce Channel Manager to find Mercadolibre and seek approval to sell in Latin America.
https://www.tipranks.com/news/bigcommerce-mercadolibre-join-hands-for-cross-border-e-commerce-expansion?utm_source=advfn.com&utm_medium=referral
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