Question · Q3 2025
Jeremy from Jefferies asked about the EPEX impact on Global-e's Q3 GMV and total revenue, as well as the assumptions for Q4 guidance. He also inquired about changes in competitive dynamics following the Shopify enterprise integration and the expected uplift from preferred economics.
Answer
Ofer Koren, Chief Financial Officer, Global-e, stated that EPEX was stable in Q3 with no significant impact on top or bottom line, and no material impact is expected in Q4. Nir Debbi, Co-founder and President, Global-e, affirmed that competitive dynamics remain unchanged, with Global-e leading the market. He noted improved economics from the new Shopify contract began in late Q3, with full impact reflected in the Q4 guide.
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