Global-e Online Ltd. (NASDAQ:GLBE) is one of the best e-commerce stocks to buy as global sales hit records. The company powers cross-border direct-to-consumer e-commerce for brands and retailers, making it a direct play on merchants selling to international shoppers. On May 26, Global-e announced a definitive agreement to acquire Passport Global Inc., a U.S.-based cross-border e-commerce logistics and solutions company. The deal is expected to deepen Global-e's standard logistics capabilities through ****** et-light carrier services, direct injection, consolidated returns, customs brokerage, and domestic and last-mile delivery support.
The transaction also expands Global-e's addressable merchant base because Passport will continue offering a non-Merchant of Record solution. Global-e agreed to pay $350 million upfront, funded roughly equally through cash and ordinary shares, with up to $75 million in additional contingent consideration tied to Passport's 2026 financial results. Passport is expected to generate about $100 million in revenue in calendar 2026.
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Global-e's latest quarterly results support the growth case. On May 13, the company reported first-quarter GMV of $1.74 billion, up 40% year-over-year, while revenue rose 33% to $252.1 million. Adjusted EBITDA increased 59% to $50.2 million, and Global-e raised its full-year 2026 outlook across GMV, revenue, and adjusted EBITDA.
Global-e Online Ltd. (NASDAQ:GLBE) enables brands and retailers to sell internationally by offering localized checkout, logistics, and cross-border e-commerce services.
The transaction also expands Global-e's addressable merchant base because Passport will continue offering a non-Merchant of Record solution. Global-e agreed to pay $350 million upfront, funded roughly equally through cash and ordinary shares, with up to $75 million in additional contingent consideration tied to Passport's 2026 financial results. Passport is expected to generate about $100 million in revenue in calendar 2026.
India Picture/Shutterstock.com
Global-e's latest quarterly results support the growth case. On May 13, the company reported first-quarter GMV of $1.74 billion, up 40% year-over-year, while revenue rose 33% to $252.1 million. Adjusted EBITDA increased 59% to $50.2 million, and Global-e raised its full-year 2026 outlook across GMV, revenue, and adjusted EBITDA.
Global-e Online Ltd. (NASDAQ:GLBE) enables brands and retailers to sell internationally by offering localized checkout, logistics, and cross-border e-commerce services.
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