Announced
Synopsis
WeCommerce, a Canadian e-commerce technology holding company, agreed to acquire of Foursixty, a partner in the Shopify and Instagram ecosystems based in Toronto, Canada. Financial terms were not disclosed. Foursixty has been a pioneer and leader in the social commerce space since 2014, and helps thousands of the world’s most popular direct-to-consumer brands such as Fashion Nova, Pura Vida Bracelets, Knix, MVMT Watches, Mejuri, and Skims monetize their Instagram content. "We’re excited to have the team at Foursixty join the family. We remain very confident that the future of retail will be online, and that Shopify is the best e-commerce platform to help merchants. We intend to continue focusing our efforts on finding wonderful partner businesses like Foursixty in the coming months," Chris Sparling, WeCommerce CEO.
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