ChannelAdvisor Corp. is an e-commerce company based in Morrisville, North Carolina which provides cloud-based e-commerce software. Until 2022, it was traded on the New York Stock Exchange under the symbol ECOM.[3]
 | |
| Company type | Subsidiary |
|---|---|
| Industry | e-commerce |
| Founded | 2001 |
| Founders | Scot Wingo Aris Buinevicius |
| Headquarters | |
Key people |
|
| Revenue | $145.1 million (2020)[1] |
| Owner |
|
Number of employees |
|
| Website | http://www.channeladvisor.com |
On November 15, 2022, the company was acquired by CommerceHub.[4]
History and operations
editScot Wingo and Aris Buinevicius founded the company in 2001. Today, Wingo is a member of the Board of Directors at ChannelAdvisor, and after serving as Chief Technology Officer. Buinevicius retired from the company on March 17, 2017.[5]
Prior to launching ChannelAdvisor, Wingo and Buinevicius co-founded Stingray Software as well as AuctionRover.com, an auction search site. Auctionrover.com was acquired by GoTo.com, becoming GoTo Auctions.[6]
ChannelAdvisor filed for initial public offering on April 11, 2013 and went public on May 23, 2013.[7]
From 2007 to 2017, ChannelAdvisor hosted an annual e-commerce industry conference called Catalyst, in both the U.S. and Europe. The company launched a new annual event called Connect in 2019.[8]
From 2010 to 2020, the company’s revenue increased from $36.7 million to $145.1 million.[9] In 2018, ChannelAdvisor customers processed more than $10 billion in gross merchandise value (GMV).[10]
In addition to headquarters in Morrisville, NC, ChannelAdvisor also has offices in Denver, London, Paris, Southend-on-Sea, Ireland, Australia, Spain, and Germany.[11]
Acquisitions
editThe following is a list of acquisitions by ChannelAdvisor:
- BlueBoard (July 2020)[12]
- HubLogix (May 2017)[13]
- E-Tale (November 2014)[14]
- RichFX (March 2008)[15]
- SearchMarketing (July 2005)[16]
Client Success Stories
editReferences
edit- ^ "ChannelAdvisor Reports Record Fourth Quarter and Full Year 2020 Results; Revenue and Adjusted EBITDA Significantly Exceed Guidance".
- ^ "CHANNELADVISOR CORP (ECOM) SPO".
- ^ "ChannelAdvisor Corp". MarketWatch. The Wall Street Journal. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
- ^ "CommerceHub Completes Acquisition of ChannelAdvisor". PR Newswire. Retrieved 2023-01-06.
- ^ "ChannelAdvisor Names Paul Forte Chief Revenue Officer". 2017-02-09.
- ^ "ChannelAdvisor Corp (ECOM:New York Consolidated)". Bloomberg L.P. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
- ^ Tauli, Tom. "ChannelAdvisor: Riding The E-Commerce Megatrend". Forbes. Retrieved 12 June 2014.
- ^ "ChannelAdvisor Connect 2019 Announced as a Premier Event for E-Commerce Retailers and Brands". ChannelAdvisor. 16 October 2018. Archived from the original on 2018-12-26. Retrieved 26 December 2018.
- ^ "ChannelAdvisor Reports Record Fourth Quarter and Full Year 2020 Results; Revenue and Adjusted EBITDA Significantly Exceed Guidance". ChannelAdvisor. Retrieved 2021-02-15.
- ^ "ChannelAdvisor Reports Fourth Quarter and Full Year 2019 Results; Revenue Achieves High End of Guidance and Record Adjusted EBITDA Significantly Exceeds Guidance". ChannelAdvisor. 13 February 2018. Archived from the original on 27 December 2018. Retrieved 26 December 2018.
- ^ Ohnesorge, Lauren. "IPO Talk Swirls Around ChannelAdvisor". Triangle Business Journal. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
- ^ "ChannelAdvisor" July 24, 2020, "https://www.channeladvisor.com/about/news-events/press-releases/channeladvisor-acquires-analytics-firm-blueboard-to-enhance-e-commerce-intelligence-for-global-brands/"
- ^ "TechCrunch" May 30, 2017, "https://www.channeladvisor.com/about/news-events/press-releases/channeladvisor-hublogix-acquisition/"
- ^ "retailTouchPoints" November 10, 2014, "http://www.retailtouchpoints.com/features/mergers-and-acquisitions/channeladvisor-acquires-e-tale-integrates-where-to-buy-function"
- ^ "SCMagazine" July 16, 2008, "https://www.scmagazine.com/channeladvisor-acquires-richfx/article/112520/"
- ^ "AdAge" July 13, 2005, "http://adage.com/article/btob/channeladvisor-acquires-searchmarketing/261094/"
- ^ "ASICS". ChannelAdvisor. Retrieved 2023-05-21.
- ^ "Monoprice". ChannelAdvisor. Retrieved 2023-05-21.
- ^ "PartsHawk Pit Stop". partshawk.com. Retrieved 2023-05-21.
- ^ "PartsHawk". ChannelAdvisor. Retrieved 2023-05-21.
- ^ "Party City". ChannelAdvisor. Retrieved 2023-05-21.
- ^ "ChannelAdvisor Success Stories: Razer Increased Marketplace GMV by 10x in Select Regions". ChannelAdvisor. Retrieved 2023-05-21.