Software company BigCommerce, backed by SoftBank Group, is considering a sale due to interest from potential buyers.

Software company BigCommerce, backed by SoftBank Group, is considering a sale due to interest from potential buyers. BigCommerce, which has lost 90% of its market value since its IPO four years ago, faces competition from Shopify. The Austin, TX-based firm has enlisted Qatalyst Partners to gauge buyer interest, including from private equity firms. Discussions are in early stages and no deal is certain.

May 07, 2024
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