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In May 2023, Shopify laid off approximately 20% of its workforce and sold Shopify Logistics, its in-house logistics arm, to Flexport, which subsequently became the preferred logistics partner for the e-commerce platform. [84] [85] As of 2024, an estimated 20% to 32% of all eCommerce websites in the world use Shopify.
After going on a hiring spree and giving up a 13% equity stake to acquire Shopify logistics during Dave Clark’s tenure, Petersen said he wanted to ensure Flexport would be in a good position ...
Website. flexport .com. Flexport Inc. is an American multinational corporation that focuses on supply chain management and logistics, including order management, delivery, trade financing, insurance, freight forwarding and customs brokerage.
May 12, 2024 at 7:00 AM. Shares of Shopify (NYSE: SHOP) sank after the e-commerce software company posted solid first-quarter results, but issued disappointing guidance. Let's dive into the ...
Shopify today announced that it will acquire Deliverr, a San Francisco, California-based e-commerce fulfillment startup, for $2.1 billion in cash and stock.
Acquired by Flexport. Website. deliverr .com. Deliverr is an E-commerce fulfillment company based in the United States of America. [1] They integrate with eCommerce marketplaces, such as Walmart, eBay, Amazon, Shopify, Wish, and BigCommerce, offering two-day shipping to merchants selling on Walmart's online marketplace, and similar service with ...
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