CloudSaaStrabout 2 hours ago
BigCommerce's Decline vs Shopify's Growth
8 min read
BigCommerce, now Commerce.com, fell from a $4.8B market cap in 2020 to about $200M, while Shopify grew to $204B. Commerce's revenue growth dropped from 44% to negative, as Shopify's transaction-based model outperformed its subscription model by roughly 40x.
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