At a moment when online shopping has accelerated as the coronavirus has forced many offline retailers to close, the e-commerce software provider BigCommerce has filed for an initial public offering .
Based in Austin, Texas, and founded in 2003, BigCommerce competes with Shopify (ticker: SHOP), Adobe's Magento, and Salesforce.com 's (CMR) Commerce Cloud, among other players. No doubt the decision to go public has been influenced by the performance of Shopify shares, which have rallied more than 140% for the year to date.
Quite a lot has been going on:
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