Flexport acquires Shopify's logistics business to compete with Amazon
🤝 Flexport acquires Shopify's logistics business to compete with Amazon.
Flexport is acquiring Shopify’s logistics business, which includes dozens of warehouses and sorting centers, as the digital freight forwarder aims to expand its e-commerce fulfillment operations. The deal will enable Flexport to become a potential rival to Amazon for fulfillment services for online merchants. The acquisition also marks a move away from logistics for Shopify, which is effectively abandoning efforts to create its own logistics operation.
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