Shopify is building an “elastic warehouse capacity” that’s more flexible than that of Amazon. As Shopify continues to integrate Deliverr — the eCommerce fulfillment and order storage provider it acquired for $2.1 billion last year — it’s finding that it can build a distribution network that is cost-effective for its...
In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are making it easier to send money to Mexico. Plus, the Federal Reserve is overhauling old lending rules for digital times....
Shopify has agreed to purchase eCommerce fulfillment provider Deliverr in a $2.1 billion deal that is the Canadian company’s largest to date as it continues its effort to compete with Amazon. As The Wall Street Journal reported Thursday (May 5), Shopify plans to merge Deliverr...
Canadian eCommerce firm Shopify Inc. is in discussion to purchase technology startup Deliverr, people familiar with the matter told Bloomberg Wednesday (April 20). If Shopify can close the deal — or finalize the purchase, to put it another way — it would broaden its reach...
March 15, 2023
Shopify is building an “elastic warehouse capacity” that’s more flexible than that of Amazon. As Shopify continues to integrate Deliverr — the eCommerce fulfillment and order storage provider it acquired for $2.1 billion last year — it’s finding that it can build a distribution network that is cost-effective for its merchants, offers speedy delivery to the merchants’ customers and gives […]
May 05, 2022
Shopify has agreed to purchase eCommerce fulfillment provider Deliverr in a $2.1 billion deal that is the Canadian company’s largest to date as it continues its effort to compete with...
April 20, 2022
Canadian eCommerce firm Shopify Inc. is in discussion to purchase technology startup Deliverr, people familiar with the matter told Bloomberg Wednesday (April 20). If Shopify can close the deal —...
March 03, 2021
Deliverr has raised $170 million in new funding, with $135 million of that being Series D funding led by Coatue, according to a company blog post. Another $35 million was...