ESW helps brands and retailers including Nike Inc. and Estee Lauder Cos. deliver their goods in 200 markets by providing pricing, payments and account management technology and other logistics services.

Reports I’ve seen are that ESW has even higher revenue than Global-E, and so the $4 Billion dollar valuation could even be on the low side.  Or will that mean that Global-E’s valuation will come back to earth a little bit when people see ESW’s numbers?  Hard to say.

ESW is owned by Asendia who paid $1.4 Billion for 49% of the business in 2021, so this would be a big payoff for them.

Yahoo Finance: E-Commerce Group ESW Weighs IPO at $4 Billion Valuation