FedEx Completes Acquisition of ShopRunner, Expanding its E-Commerce Capabilities
Summary
FedEx Dataworks will create solutions that build the network for whats next by collaborating across the enterprise to integrate the technology and services customers expect and deserve. “ This is an exciting day for FedEx and ShopRunner, and it accelerates our ability to play a larger role in e-commerce,” said Raj Subramaniam, president and chief operating officer. “ We are thrilled to bring on ShopRunner’s team of highly-skilled professionals, product capabilities and existing customer base as we work together to create a better end-to-end e-commerce ecosystem for brands, merchants and online shoppers.” The complementary nature of ShopRunner’s pre-purchase offerings combined with FedEx post-purchase logistics intelligence will enable brands and merchants to attract and engage consumers at scale by providing innovative online shopping experiences. “ Bringing together our products, talent, teams and culture will catalyze the next exciting chapter of growth and performance,” said Sam Yagan, CEO of ShopRunner. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its nearly 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities.