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Advantage Solutions Buys Quantum Networks

socalTECH

Irvine-based Advantage Solutions , which provides technology-enabled sales and marketing services to manufacturers and retailers, has acquired Quantum Networks , a New York City-based e-commerce retailer and agency. Financial terms of the acquisition were not announced. READ MORE>>.

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Shopify Just Bought the Deliverr Shipping Network for $2.1 Billion

Tech.Co

Now, it's dramatically expanding capacity in another area, fulfillment, with the acquisition of Deliverr. Deliverr ships over one million orders monthly and gaining its network will more than double the size of Shopify’s fulfillment team. It's the biggest acquisition in Shopify's history. Shopify is paying $2.1 newsletter.

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Agilon Health Sets IPO Pricing Range

socalTECH

Long Beach-based Agilon Health, which operates a network of physicians focused on Medicare patients, has set its IPO pricing range, saying it hopes to sell 46,600,000 shares of its common stock at between $20.00 and $23.00 The company's IPO could raise as much as $1.232 billion for the company.

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Active Network Prices IPO

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San Diego-based The Active Network , the operator of sports and community event registration services and websites, priced its IPO Wednesday evening, saying it will sell 11,000,000 shares of its common stock at $15.00 Active priced below its expected initial offering range, which was $16.00 per share.

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Gimlet Media and Anchor: What Spotify’s Acquisitions Mean for Podcasts

Tech.Co

It reportedly paid a hefty $230 million to acquire the podcast publisher and network startup Gimlet Media, and has also acquired the podcast monetization platform Anchor for an undisclosed price. It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. Spotify Acquires Gimlet Media and Anchor.

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Snap's Price Tag For Zenly: $213.3M

socalTECH

Earlier reports had placed the acquisition of Zenly at between $250M to $350M. Snap said it paid $196.1M in purchase consideration, including $186.8M in cash paid to sellers, $9.3M in liabilities due to sellers, and $17.2M in total consideration representing compensation for future employment services. READ MORE>>.

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Zealot Networks Buys ViralNova

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Los Angeles-based Zealot Networks , the startup led by Danny Zappin which connects creators and influencers with brands, has acquired viral content site ViralNova. Financial terms of the buy were not disclosed, but the price was reportedly around $100M.