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WeCommerce completed the acquisition of Stamped for $110m.

Synopsis

WeCommerce, a Canadian e-commerce technology holding company, completed the acquisition of Stamped, an AI-powered e-commerce marketing platform, for $110m. “WeCommerce’s management team brings over a decade of experience developing similar businesses, which is expected to help us accelerate growth. Amongst many suitors, we chose WeCommerce because of their founder friendly approach, straightforward deal structure, and focus on the long term,” Tommy Ong, Stamped Founder and CEO.

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