BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s e-commerce marketplace, it announced this morning. Shares of Austin-based BigCommerce rose sharply in pre-market trading after the news, gaining around 10% before the bell.
Walmart, best-known for in-person shopping, has proven an e-commerce success story in recent years. For example, in its most recent quarter while Walmart as a whole grew 7.3%, its e-commerce sales advanced 69%.
BigCommerce has also reported strong growth in recent quarters, supported in part by partnerships similar to the one that it announced today. The e-commerce SaaS provider rolled out an integration with Wish last year, for example.
Source: Tech Crunch