ChannelAdvisor Corp. is an e-commerce company based in
Morrisville, North Carolina
Morrisville is a town located primarily in Wake County, North Carolina, United States (a small portion extends into neighboring Durham County). The population was 18,576 at the 2010 census. The U.S. Census Bureau estimated the town's population t ...
which provides provides cloud-based e-commerce software. Until 2022, it was traded on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
under the symbol ECOM.
On November 15, 2022, the company was acquired by
CommerceHub
CommerceHub is one of the world’s largest commerce networks, providing software solutions to 18,000+ retailers and brands globally for drop shipping, marketplace, digital advertising, and delivery management. It provides integration and fulfillm ...
.
History and operations
Scott Wings and Aris Banevicius founded the company in 2001. Today, Wingo is a member of th
Board of Directorsat ChannelAdvisor, and after serving as Chief Technology Officer. Buinevicius retired from the company on March 17, 2017.
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.
ChannelAdvisor filed for
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
on April 11, 2013 and went public on May 23, 2013.
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.
From 2010 to 2020, the company’s revenue increased from $36.7 million to $145.1 million. In 2018, ChannelAdvisor customers processed more than $10 billion in gross merchandise value (GMV).
In addition to headquarters in Morrisville, NC, ChannelAdvisor also has offices in
Denver
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...
,
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
,
Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...
,
Southend-on-Sea
Southend-on-Sea (), commonly referred to as Southend (), is a coastal city and unitary authority area with borough status in southeastern Essex, England. It lies on the north side of the Thames Estuary, east of central London. It is bordered ...
,
Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...
,
Australia,
Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, i ...
, and
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
.
Acquisitions
The following is a list of acquisitions by ChannelAdvisor:
*BlueBoard (July 2020)
*HubLogix (May 2017)
*E-Tale (November 2014)
*RichFX (March 2008)
*SearchMarketing (July 2005)
["AdAge" July 13, 2005, "http://adage.com/article/btob/channeladvisor-acquires-searchmarketing/261094/"]
References
External links
Official WebsiteBloomberg Businessweek’s Company Profile on ChannelAdvisor
{{Authority control
Software companies based in North Carolina
Software companies established in 2001
Companies listed on the New York Stock Exchange
Software companies of the United States
2022 mergers and acquisitions