Theo Wayt / The Information:

Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its logistics business to Flexport in exchange for equity in 2023  —  Flexport is raising $260 million from e-commerce software giant Shopify, one of its biggest shareholders, according to two people with direct knowledge …

Theo Wayt / The Information:

Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its logistics business to Flexport in exchange for equity in 2023  —  Flexport is raising $260 million from e-commerce software giant Shopify, one of its biggest shareholders, according to two people with direct knowledge …

Source: TechMeme
Source Link: http://www.techmeme.com/240119/p22#a240119p22