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Giftify's CardCash Reports 14.2% Sell-Side Volume Growth and 18.5% Rise in New Seller Acquisition Through Early Q1 2026, Expanding Platform Supply Base
Globenewswire· 2026-03-30 12:15
Core Insights - Giftify, Inc. reported a significant increase in sell-side performance for CardCash.com, with 70,954 sell orders completed from January 1 to March 15, 2026, marking a 14.2% year-over-year growth [1][2] - The company onboarded 25,508 first-time sellers in Q1 2026, reflecting an 18.5% increase compared to the same period in 2025, indicating a robust expansion of the seller base [1][4] Sell-Side Performance - The sell-side order volume reached 70,954 completed orders, up from 62,117 in the same period of 2025, with January 2026 alone seeing 37,770 completed sell orders, a 9.2% increase year-over-year [2] - The growth in sell-side volume is attributed to a targeted multi-channel digital marketing initiative aimed at raising awareness among potential sellers [2] New Seller Acquisition - New seller acquisition accelerated in early Q1 2026, with 25,508 first-time sellers onboarded, up from 21,521 in the same period of 2025, enhancing the inventory available on the platform [4] - Each new seller contributes to improved selection, pricing competitiveness, and fulfillment capacity, supporting sustained buyer demand [4][5] Marketplace Dynamics - The growth in sell-side volume and new seller acquisition indicates a marketplace that is increasingly valuable to both sellers and buyers, driving compounding growth [3] - The company emphasizes that the supply-side growth strengthens the marketplace, enabling it to meet buyer demand effectively [5]