Shopify narrowing its ambition, sells Deliverr, other pieces

Shopify narrowing its ambition, sells Deliverr, other pieces

a year ago
Anonymous $KxGqLmj_R3

https://apnews.com/article/shopify-fulfillment-flexport-ocado-group-6b504d0d67acd2ad1af6348cd1ec6425

NEW YORK (AP) — Shopify, the e-commerce company viewed as a growing competitor to Amazon, is selling the two biggest pieces of its fulfillment network and abandoning its logistics ambitions.

It's a remarkable reversal after the Canadian company's multiyear effort to build its own warehousing and delivery services.