Global-e completed the acquisition of Borderfree from Pitney Bowes for $100m.

Global-e, a cross-border end-to-end platform for brands and retailers, completed the acquisition of Borderfree, a provider of e-commerce services, from Pitney Bowes, a global shipping and mailing company, for $100m. “This acquisition follows our strategy to support the global expansion of brands of all sizes in the most sophisticated way possible. By partnering with Pitney Bowes and utilizing Borderfree’s demand generation capabilities, Global-e will continue to enhance the value it brings to global brands looking to fully capitalize on their cross-border D2C channel. In addition, the acquisition will further cement our leadership as the end-to-end solution of choice for any size of merchant, from small and emerging brands all the way to the world’s largest enterprise brands," Nir Debbi, Global-e President and Co-Founder.