Institutional

VTEX Stores Break Black Friday Record, Hit Over One Million Orders

Alexandre Soncini
Alexandre Soncini December 25, 2019
VTEX Stores Break Black Friday Record, Hit Over One Million Orders

Online retailers who use the VTEX® Cloud Commerce Platform processed a whopping 1.03 million transactions on Black Friday 2019—with multiple sales records achieved this year. Stores operating on the VTEX platform in both 2018 and 2019 saw a 41% growth in year-over-year sales on Black Friday, while sales across all stores using VTEX in 2019 were 53% higher than the previous year. At the peak selling point, VTEX was processing a whopping 987 orders-per-minute.

“These milestones highlight the fact that VTEX offers a superior e-commerce solution,” says Alexandre Soncini, North America General Manager. “Our unified commerce solution provides the fastest time-to-revenue in the industry. VTEX retailers can deliver Amazon-like experiences to their customers without the complex technology to manage, and these numbers show how much our features can affect a retailer’s bottom line. Our own rapid growth is powering the growth of our clients, who successfully processed 3.3 million transactions during the Black Friday peak holiday shopping week – 50% more sales than during the same period in 2018.”

Named a major player in the worldwide SaaS and cloud-enabled B2C digital commerce platforms space by IDC MarketScope in 2018, VTEX is now trusted by Sony, Walmart, Whirlpool, Coca-Cola, Stanley Black & Decker, L’Óreal, Nestlé and more than 2,500 online stores in 28 countries. The company also recently secured a $140 million investment round from SoftBank’s Latin America fund in conjunction with Gávea Investimentos and Constellation Asset Management. This investment will support VTEX’s continued global expansion and advancements to its cloud commerce offerings.

The VTEX Cloud Commerce Platform ranks in Gartner’s Magic Quadrant for Digital Commerce, and is the platform of choice for 40% of the world’s most valued brands. It auto-scales to fit the needs of companies of all sizes, from growing digital commerce companies to major enterprises.

“The VTEX platform’s elastic cloud infrastructure and auto-scaling capabilities deliver increased traffic, more conversions, and faster checkout processes,” says Soncini. “These latest record-breaking numbers position VTEX as the next generation in cloud-based, unified commerce platforms.”

VTEX would like to congratulate all of its clients for closing out 2019 with such strong numbers, and is looking forward to continuing the growth and success of all its retailers in 2020!

Keep reading: Related stories
Technology

Composable Commerce: the new era of digital transformation

Composable Commerce is the newest and strongest player in the game of digital transformation. Every single online business…

Sorana Gheorghiade
Sorana Gheorghiade
Product

Free your business from the monolithic commerce platform – it may not be as hard as you think

It’s a fact that in software, and particularly in ecommerce software, if a provider fails to invest in…

Robert Werkema
Robert Werkema
Trends

Digital Transformation Guide for the Fashion Industry

This article will cover: when ecommerce becomes essential; 5 things your website needs – and VTEX can provide;…

Andreea Pop
Andreea Pop
Institutional

Learn why VTEX is the the fastest growing commerce platform according to the IDC Market Share

If 2020 has taught us anything, it is that we are truly stronger together.  Since our last round…

VTEX
VTEX
Institutional

VTEX Named a Leader by IDC MarketScape: Worldwide B2C Digital Commerce Platforms 2020 Vendor Assessment

IDC’s publication of the 2020 B2C Digital Commerce IDC MarketScape depicts the ongoing shakeup of digital commerce platform…

Robert Poratti
Robert Poratti
Trends

B2B Marketplace Adoption is on the Rise

B2B marketplaces have become a large growth driver of B2B ecommerce, with worldwide B2B marketplace sales estimated to…

Kristin Schepici
Kristin Schepici
Institutional

VTEX Named a Visionary in the 2020 Gartner Magic Quadrant for Digital Commerce

There’s a changing of the guard among commerce technology vendors We are proud to announce that VTEX has…

Robert Poratti
Robert Poratti
Institutional

VTEX is the Fastest Growing E-commerce Platform in the World, according to IDC

The IDC Worldwide Digital Commerce 2019 Market Share report, published in June 2020, indicates that VTEX is the…

Robert Poratti
Robert Poratti
Institutional

Love beyond acronyms: a conversation about affection

LGBTQIA+ people are often associated with their sexual interest. We often forget the affection that exists within these…

Claudio Lima
Claudio Lima
See More
Registro feito com sucesso