Gitlab Inc vs Remitly Global Inc — how do they compare? Gitlab Inc trades at $41.49 (market cap $7.11B), while Remitly Global Inc trades at $23.73 (market cap $4.97B). The key difference: Gitlab Inc is the larger of the two by market cap, and Remitly Global Inc is trading nearer its 52-week high, Gitlab Inc nearer its low. Which is the better fit depends on your goals.
| GTLB | RELY | |
|---|---|---|
Market Cap | $7.11B | $4.97B |
Sector | Technology | Technology |
52-Week High | $51.04 | $25.93 |
52-Week Low | $19.42 | $12.20 |
Enterprise Value | $5.85B | $4.33B |
Trailing returns across standard periods
GitLab Inc operates on an all-remote model. The company is a technology company whose primary offering is GitLab, a complete DevOps platform delivered as a single application. GitLab is used by a wide range of organizations. The company also provides related training and professional services. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. The principal markets for GitLab are currently located in the United States, Europe, and Asia Pacific. The company is focused on accelerating innovation and broadening the distribution of its platform to companies across the world.
Read more on GTLB →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
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