Announced

Completed

Relationshop completed the merger of Mercatus Technologies and Stor.ai.

Synopsis

Relationshop, a provider of customer engagement solutions for retail, completed the merger of Mercatus Technologies, an eCommerce company and Stor.ai, an iCommerce platform. Financial terms were not disclosed. “The senior leadership team at Mercatus, backed by our board, is wholeheartedly devoted to advancing the connected commerce requirements of grocery retailers. Grocery retailers need flexible, automated solutions capable of addressing the competitive threat posed by national chains and the loss of control that comes from relying on third-party delivery providers. As we look to the future, we are excited to join forces, enhancing our offerings to uniquely satisfy the evolving demands of supermarkets and our customers worldwide,” Galen Walters, Relationshop Founder and CEO.

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