Freightos Sees 31% GBV Increase in Q2 2024, Driven by Robust Transaction Growth
Portfolio Pulse from Benzinga Newsdesk
Freightos Limited (NASDAQ:CRGO) reported a 31% increase in Gross Booking Value (GBV) and a 32% increase in transactions for Q2 2024, surpassing management's expectations. The company expanded its carrier network and saw a rise in unique buyer users.
July 15, 2024 | 11:03 am
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Freightos Limited (NASDAQ:CRGO) reported a 31% increase in GBV and a 32% increase in transactions for Q2 2024, surpassing management's expectations. The company also expanded its carrier network and saw a rise in unique buyer users.
Freightos' significant growth in GBV and transactions, surpassing management's expectations, indicates strong performance and adoption of its platform. The expansion of its carrier network and increase in unique buyer users further support a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100