Shopify Just Bought the Deliverr Shipping Network for $2.1 Billion
Tech.Co
MAY 6, 2022
Ecommerce company Shopify supports small businesses with technology like ecommerce website builders and retail Point of Sale systems. Now, it's dramatically expanding capacity in another area, fulfillment, with the acquisition of Deliverr. Shopify is paying $2.1 billion in stock and cash to buy the ecommerce shipping company. Deliverr ships over one million orders monthly and gaining its network will more than double the size of Shopify’s fulfillment team.
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