Shopify to Acquire eCommerce Firm Deliverr
Summary
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 with its own fulfillment network to create a larger, broader logistics unit. See also: Shopify Eyes Tech Startup Deliverr Acquisition to Streamline Order Fulfillment That quick delivery is crucial for retailers in an environment where shoppers want their purchases immediately after making them, a mentality that blossomed during COVID. Based in San Francisco, California, Deliverr uses analysts to predict where people might be interested in buying goods, then employs the information about their wants and needs to ensure items can be delivered quickly. Read more: Last-Mile Logistics Could Decide Winner in Growing Amazon vs Shopify eComm Rivalry But that gap can be narrowed with the Deliverr purchase, which, as we wrote, represents a move beyond just enabling online storefronts, while helping merchants offset some of their own operating costs.
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