Maddie Schrage's questions to Global-E Online Ltd (GLBE) leadership • Q2 2025
Question
Maddie Schrage from KeyBanc Capital Markets asked about the perceived weakness in the U.K. market and its outlook for the rest of 2025. She also inquired about areas of strength in the 'rest of world' segment, particularly regarding inbound interest from Asia.
Answer
Co-Founder and President Nir Debbi attributed the U.K.'s performance to seasonality and a temporary disruption with a major merchant (M&S), expecting a trend reversal in late Q3 and Q4. He highlighted APAC as a key growth area with strong potential, noting recent traction in Korea, a new funnel in Taiwan, and continued growth in Australia and Japan, supported by increased hiring in the region.