So who is bigger, ChannelAdvisor or Marketworks?
Given that ChannelAdvisor had previously issued a press release in December
stating they had just processed a record $10 million in GMS on a single day, I
was surprised Marketworks had seen just a great day. It looks like Marketworks may hold the single
day record, but I believe CA holds the title for total customer GMS (CA says
they now do $100
million a month and Marketworks says they did $200 million in Q4 which
equates to about $67 million a month in Q4).
Regardless, both companies appear to have had a great Q4 and they both have great solutions for online merchants. Congrats to them both!
Jeff -- That's a little bit like comparing apples to oranges. CA actually processed over $500M in Sales in Q4 (http://www.channeladvisor.com/company/press_releases/2007/) which is 250% of MW's GMV rather then the 150% you imply.
Posted by: Dreaded Pirate | January 31, 2007 at 08:02 AM