EMERGE Places in Top 5 on The Globe and Mail's Retail & E-Commerce Ranking of Canada's Top Growing Companies
Ranks 22nd Overall. Three-Year Growth rate of 2,203%.
TORONTO, Sept. 25, 2020 /CNW/ - EMERGE Commerce Inc., ("EMERGE" or the "Company"), a leading acquirer and operator of e-commerce brands across North America, today announced it placed No. 5 in the Retail & E-Commerce category, and No. 22 overall, on the 2020 Report on Business ranking of Canada's Top Growing Companies.
Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. EMERGE earned its spot with a three-year growth rate of 2,203%, placing it amongst the top 3 fastest growing pure play e-commerce companies in the country.
"The team's relentless execution over the years has catapulted us to the forefront of Canadian e-commerce, alongside the country's most explosive companies," said Ghassan Halazon, Founder and CEO, EMERGE. "The e-commerce sector has seen more growth in the last 6 months than it has in the prior 10 years, and EMERGE has amassed a 2 million member portfolio of Canada's most coveted shopping sites including UnderPar.com, WagJag.com, and JustGolfStuff.ca, with more acquisitions in the works. Importantly, we have done so with discipline and agility, leveraging our proprietary platform to drive sustainable growth."
EMERGE is in the process of obtaining a public listing on the TSX Venture Exchange.
About Canada's Top Growing Companies Ranking
Launched in 2019, the Canada's Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. In total, 400 companies earned a spot on this year's ranking.
The full list of 2020 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online at tgam.ca/TopGrowing.
"The stories of Canada's Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic," says James Cowan, Editor of Report on Business magazine. "As businesses work to rebuild the economy, their resilience and innovation make for essential reading."
"Any business leader seeking inspiration should look no further than the 400 businesses on this year's Report on Business ranking of Canada's Top Growing Companies," says Phillip Crawley, Publisher and CEO of The Globe and Mail. "Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers."
About EMERGE
EMERGE is a disciplined, diversified, rapidly growing acquirer and operator of e-commerce assets. We connect over 2 million members with 12,000 merchant partners across North America. Our network of e-commerce sites provide limited-time offers on golf, groceries, essentials, nearby staycations and experiences. Our portfolio houses some of Canada's most coveted online destinations including UnderPar.com, WagJag.com, and JustGolfStuff.ca, among other brands.
To learn more visit https://www.emerge-commerce.com/
About The Globe and Mail
The Globe and Mail is Canada's foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.1 million readers in print and digital every issue. The Globe and Mail's investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
SOURCE EMERGE Commerce Inc.
James Bowen, CFA, EMERGE Commerce Inc., 416-519-9442, [email protected]
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