Shopify to buy Deliverr for USD 2.1 bln

Friday 6 May 2022 14:35 CET | News

Shopify has planned to create an end-to-end logistic platform by combining Shopify Fulfillment Network (SFN) and Deliverr.

Deliverr’s technology augments SFN’s ability to manage merchant inventory from port to porch as it travels to the warehouse network, gets distributed across sales channels, and ultimately arrives at the consumer’s doorstep. SFN and Deliverr will support Shop Promise, a new service that offers consumers two-day and next-day delivery options.

Shopify reached an agreement to acquire Deliverr, a fulfillment technology provider, for USD 2.1 billion. Founded in 2017, Deliverr’s logistics network now delivers more than a million orders per month for thousands of merchants across the US.

With the addition of Deliverr's software, talent, data, and scale, SFN aims to become an end-to-end logistics platform that gives merchants greater control of their inventory across all sales channels. Together, SFN and Deliverr will handle all of the hard stuff so merchants can focus on running their business and providing customer experience.

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Keywords: Shopify, acquisition, delivery, ecommerce, merchants
Categories: Payments & Commerce
Companies: Deliverr, Shopify
Countries: United States
This article is part of category

Payments & Commerce




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