Fri.May 06, 2022

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Shopify Just Bought the Deliverr Shipping Network for $2.1 Billion

Tech.Co

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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10 Key Business Domains Where ‘Big Data’ Looms Large

Startup Professionals Musings

Even though ‘big data’ has now been around for several years, the opportunities for startups seem to keep growing, just as the amount of data keeps growing. According to Forbes , over the last two years alone 90 percent of the data in the world was generated. This data comes from sensors, social media posts, digital pictures and videos, purchase transactions, everywhere.