2020-12-02 11:32:57 FDX FedEx
12/02/20 12/0211:32 12/02/2011:32 | FedEx acquires e-commerce platform ShopRunnerFedEx announced that it has agreed to acquire ShopRunner, an e-commerce platform that connects online shoppers with merchants and brands. "ShopRunner's capabilities will complement and expand the FedEx e-commerce portfolio and are expected to create increased value for both merchants and consumers," FedEx said in a statement. The parties anticipate the acquisition to close by the end of the calendar year. "ShopRunner's consumer experiences and omnichannel enablement capabilities are also anticipated to help unlock potential for FedEx as it continues to use data and technology to transform the end-to-end commerce experience," the company added. Headquartered in Chicago, ShopRunner will operate as a subsidiary of FedEx Services. |
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