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EMERGE Achieves Single-Day GMS Record of $1 Million, Total GMS Over 3x Prior Year During Black Friday-Cyber Monday Period

EMERGE Achieves Single-Day GMS Record of $1 Million, Total GMS Over 3x Prior Year During ...

articleEmerge Commerce LtdDecember 1, 20213/company/emerge-commerce-ltd/news/emerge-achieves-single-day-gms-record-of-dollar1-million-total-gms-over-3x-prior-year-during-black-friday-cyber-monday-period
EMERGE Achieves Single-Day GMS Record of $1 Million, Total GMS Over 3x Prior Year During Black Friday-Cyber Monday Period

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[{"type":"text","content":"\n \n \n \n EMERGE Achieves Single-Day GMS Record of $1 Million, Total GMS Over 3x Prior Year During Black Friday-Cyber Monday Period\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbcc{\nBORDER-TOP-COLOR:; BORDER-COLLAPSE: COLLAPSE; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; BORDER-RIGHT-COLOR:\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n EMERGE sold a record\n \n $2.7 million\n \n GMS\n \n (1)\n \n during the 2021 Black Friday-Cyber Monday (\"BFCM\") period, more than tripling GMS during the comparable 2020 BFCM period\n \n \n A new single-day record for EMERGE was achieved on Cyber Monday, with GMS\n \n (1)\n \n of approximately\n \n $1 million\n \n , exceeding management's expectations\n \n \n Multiple brands achieved strong double-digit GMS\n \n (1)\n \n growth year over year during the BFCM period\n \n \n \n \n TORONTO\n \n ,\n \n Dec. 1, 2021\n \n /CNW/ -\n \n EMERGE Commerce Ltd\n \n . (TSXV: ECOM) (\"\n \n EMERGE\n \n \" or the \"\n \n Company\n \n \"), a leading acquirer and operator of niche e-commerce marketplaces and subscription brands, today announced record Gross Merchandise Sales (\"GMS\")\n \n (1)\n \n during the Black Friday-Cyber Monday period of approximately\n \n $2.7 million\n \n , with the Company seeing its single largest day in Company history on Cyber Monday (\n \n November 29\n \n ) with approximately\n \n $1 million\n \n GMS\n \n (1)\n \n .\n \n \n \n \n \n \n \n \n \n \"These outstanding BFCM results, including our first\n \n $1 million\n \n GMS day, are the culmination of the team's efforts all year round. BFCM exceeded management's expectations on a number of fronts, and we are excited to carry this momentum through the balance of the year,\" commented\n \n \n Ghassan Halazon\n \n , Founder and CEO, EMERGE\n \n .\n \n \n WholesalePet.com, EMERGE's most recent acquisition, led the way ...

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