VTEX provides a comprehensive Commerce, Marketplace, and Order Management System (OMS) solution supporting B2B, B2C, and marketplace commerce, along with Retail Media solutions. The company serves approximately 2,200 clients operating 3,100 active online stores in 44 countries, primarily large enterprises generating over US$10 million in gross merchandise volume annually. VTEX targets enterprises aiming to accelerate digital commerce transformation, particularly in Latin America, enabling various go-to-market strategies including direct-to-consumer, marketplace, ship from store, endless aisle, drop-ship, conversational commerce, and live shopping. Its platform integrates suppliers, distributors, third-party vendors, franchisees, warehouses, and physical stores, supported by an ecosystem comprising over 9,000 VTEX IO extensions, 1,200 system integrators and independent software vendors, 500 marketplaces, 200 payment solutions, and 90 logistics companies.
VTEX Recognized as a Challenger in 2024 Gartner Magic Quadrant for Digital Commerce Amidst Shift Away from Legacy Platforms In an era where digital transformation is paramount, businesses are increasingly moving away from traditional commerce systems that have long dictated the pace and flexibility of their operations. VTEX, a prominent player in the composable commerce sector, has recently garnered attention by being named a Challenger in the 2024 Gartner Magic Quadrant for Digital Commerce. This recognition reflects a transformative shift in the landscape of enterprise commerce, particularly in major markets like New York.Over the past three years, enterprise brands have shown a pronounced tendency to migr...
In an age where the complexities of commerce burgeon with unfathomable speed, a most remarkable and timely exposition has graced the grand stage of our urban milieu. The illustrious VTEX, a venerated name amongst both purveyors of goods and the savvy consumer, recently unveiled the much-anticipated second iteration of VTEX Vision. This biennial spectacle, staged with grandiosity in the illustrious metropolis of New York, serves to elucidate the paramount importance of harmonizing logistics, customer experience, and omnichannel capabilities for the modern B2B and B2C enterprises.VTEX, which stands as a paragon of innovation on the New York Stock Exchange under the symbol NYSE: VTEX, presents itself as a compo...
Vtex’s Comment on Sales, Marketing and Customers
VTEX provides a comprehensive Commerce, Marketplace, and Order Management System (OMS) solution supporting B2B, B2C, and marketplace commerce, along with Retail Media solutions. The company serves approximately 2,200 clients operating 3,100 active online stores in 44 countries, primarily large enterprises generating over US$10 million in gross merchandise volume annually. VTEX targets enterprises aiming to accelerate digital commerce transformation, particularly in Latin America, enabling various go-to-market strategies including direct-to-consumer, marketplace, ship from store, endless aisle, drop-ship, conversational commerce, and live shopping. Its platform integrates suppliers, distributors, third-party vendors, franchisees, warehouses, and physical stores, supported by an ecosystem comprising over 9,000 VTEX IO extensions, 1,200 system integrators and independent software vendors, 500 marketplaces, 200 payment solutions, and 90 logistics companies.
Sources:
Vtex’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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