Shopify has agreed to buy U.S. fulfillment specialist Deliverr for $2.1 billion in a cash-and-stock deal, as the e-commerce platform moves to build out its order-fulfillment operations for online retailers looking to compete with Amazon
While companies like Amazon and Walmart fulfill their orders from their giant warehouses, Deliverr’s main customers ship their orders through a range of sites that may include Fulfillment by Amazon, their own warehouses or even garages in some cases.
Shopify has cast its e-commerce tools, which sellers can integrate into their online sales sites, as a solution for merchants to reachThe deal comes amid warnings by Shopify of slowing growth trends in the industry. Since early 2021, the company said surging demand that had sent profits and sales soaring during the pandemic would slow as governments withdrew stimulus and eased lockdowns across their markets began to ease.
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