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Company Description (as filed with the SEC)
We are a market leader in international cross-border ecommerce, operating a proprietary technology and services platform to enable U.S. retailers to transact with consumers in more than 100 countries and territories worldwide. The market opportunity for international cross-border ecommerce is large, with cross-border consumers expected to spend $24 billion on physical goods from U.S. online retailers in 2014, based on a study conducted on our behalf by Forrester Research, Inc., or Forrester. However, the market remains significantly under-monetized by U.S. retailers today. Many U.S.-based online retailers view international expansion as important to their overall business strategies, yet international ecommerce revenues are limited today for many of these retailers. Based on the database of web merchants ranked in Internet Retailer's 2013 Top 500 Guide, less than 60% currently sell internationally. ... More ...
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|Annual EPS Est:||$-0.11|
|Quarterly EPS Est:||-0.17|