Shopify Rival BigCommerce Files for IPO to Get In On the Rally

Shopify Rival BigCommerce Files for IPO to Get In On the Rally

BigCommerce, a provider of e-commerce tools, has filed a preliminary S-1 with the Securities and Exchange Commission (SEC) in preparation for its initial public offering (IPO). The company plans to trade on the Nasdaq stock exchange using the ticker symbol "BIGC." BigCommerce competes with the likes of Shopify (NYSE: SHOP), Adobe's (NASDAQ: ADBE) Magento, and salesforce.com's (NYSE: CRM) Commerce Cloud, among others.