Unicommerce reports significant sales growth in mid-2024

SaaS platform Unicommerce, which is set to go public, saw a 16 percent year-over-year increase in the volume of customer orders processed through its platform during its online sales in the mid-year period, the company said Monday. The company noted that the increase in volume was accompanied by an upward trend in gross merchandise value, which increased 19 percent year-over-year in 2024 compared to 2023.

According to Unicommerce analysis, customers took advantage of mid-year sales offers in many markets, as reflected in a 16 percent increase in order volume during the weekly sales period from July 19 to 25, 2024. This increase compares to the same mid-year sales period last year.

Unicommerce offers a software-as-a-service (SaaS) platform to comprehensively manage e-commerce operations for direct-to-consumer (D2C) brands, brand aggregators, traditional offline brands, marketplaces, logistics entities, and small and medium-sized enterprises (SMEs) through a comprehensive set of SaaS products.

(Based on information from the agency.)