Announced

Shopify to acquire Deliverr for $2.1bn.

Synopsis

Shopify, a Canadian multinational e-commerce company, agreed to acquire Deliverr, an E-commerce fulfillment company, for $2.1bn. "Our technology and expertise in inventory management, inventory placement, and demand chain combines perfectly with Shopify’s roadmap, enabling us to now build an end-to-end logistics platform together. Shopify has been building the future of merchant-first fulfillment solutions, and our team has a track record of helping businesses of all sizes streamline their operations. We’re excited to join Shopify in their mission to make commerce better for everyone while democratizing shipping and fulfillment for independent entrepreneurs," Harish Abbott, Deliverr Co-Founder and CEO.

Principals

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