Global-E Online Corrects GMV Disclosure in 2025 Annual Report
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Global-E Online (GLBE) corrected a scrivener’s error in its 2025 annual report, stating that existing merchants contributed 91% of GMV in 2025, not 87% as previously reported. New merchants generated $623 million of GMV, representing 9% of the total $6.569 billion. This correction highlights the stability of the existing merchant base. Analysts rate GLBE stock as a Buy with a $43.00 price target, citing strong financial quality and growth guidance, despite some valuation concerns. Global-E Online specializes in cross-border e-commerce solutions for retailers.
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