Global-E Online (GLBE) Announces Extension of Strategic Partnership with DHL International (UK) Limited

Global-E Online Ltd. (NASDAQ:GLBE) is one of the 7 Best Stocks to Buy According to Abdiel Capital Advisors. On July 22, the company announced the extension of its strategic partnership with DHL International (UK) Limited through a First Amendment to their Global Service Agreement. The collaboration has been renewed for an additional span of 3 years. This agreement, together with an amendment to a commercial side letter with DHL International GmbH, demonstrates a continued commitment to improve logistics and service offerings worldwide.

Global-E Online (GLBE) Announces Extension of Strategic Partnership with DHL International (UK) Limited

A shopper browsing through products online from the comfort of their home.

While the broader market remains volatile, Global-E Online Ltd. (NASDAQ:GLBE) believes that its pipeline remains very active, and it sees increased interest in its services. The company has also launched its 3B2C offering, enabling merchants to partially mitigate unnecessary price increases in critical destination markets while avoiding the expenses and effort involved in creating a full multi-local setup for specific markets.

For Q2 2025, Global-E Online Ltd. (NASDAQ:GLBE) expects GMV of between $1,387 million – $1,427 million, and revenue of $204 million – $211 million.

Global-E Online Ltd. (NASDAQ:GLBE) offers a direct-to-consumer cross-border e-commerce platform.

While we acknowledge the potential of GLBE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GLBE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.