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One year after investing billions and weeks after continuing to defend the move, the company is selling most of its logistics business to Flexport -- not for cash, but for equity in the company.
Shopify is selling most of its logistics business to freight unicorn Flexport in an all stock deal. The sale ends a nearly four-year effort to compete with Amazon's fulfillment services.
To help you navigate this decision, 20 Forbes Business Council members share tips to ensure your logistics provider supports your long-term growth and profitability. 1. Pick A Provider With A Full ...
Digital-oriented freight forwarder Flexport has completed its acquisition of the logistics arm of Shopify ... to sustainably scale the 10-year-old business. It positions Flexport to compete ...