Announced

Shopify to invest in Faire.

Synopsis

Shopify, an e-commerce company, agreed to invest in Faire, a wholesale platform. Financial terms were not disclosed. “With integrations like this, when you buy your products on Faire, you can set it to automatically import directly into your Shopify point of sale. So, it saves you a ton of time and it’s much more efficient. This is one of the things we hear a lot from our customers about a way to make their lives easier,” Ami Vora, Faire Chief Product Officer.

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