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Global-e acquires Passport to enhance logistics

PUBLIC · GLBEAug 14, 20269 days ago

Acquiring Company

Global-E Online Ltd

Acquired Company

Passport

Kuala LumpurCharlotteCommerce and ShoppingSoftwareCommerce And ShoppingInternet ServicesCommerce And ShoppingSales And Marketing

Description

Global-e has successfully completed the acquisition of Passport, an asset-light logistics provider. The acquisition aims to expand Global-e's offerings beyond its traditional merchant-of-record model. Passport is expected to contribute over $100 million in revenue in 2026. The integration of Passport's capabilities is already in progress.

Company Information

Company

Global-E Online Ltd

Location

Kuala Lumpur, Kuala Lumpur, Malaysia

About

Global-E Online Ltd. is an e-commerce service provider specializing in cross-border transactions for retailers. The company enables brands to expand their markets by offering solutions for international e-commerce. With a focus on logistics and fulfillment services, Global-E enhances global shopping experiences for consumers.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Passport?

Passport was acquired by Global-E Online Ltd, based in Kuala Lumpur. The deal was reported on August 14, 2026. Global-E Online Ltd. is an e-commerce service provider specializing in cross-border transactions for retailers. The company enables brands to expand their markets by offering solutions for international e-commerce. Global-E Online Ltd is publicly traded (GLBE) and operates in Commerce and Shopping.

When did Global-E Online Ltd acquire Passport?

Global-E Online Ltd's acquisition of Passport was reported on August 14, 2026. Global-e has successfully completed the acquisition of Passport, an asset-light logistics provider. The acquisition aims to expand Global-e's offerings beyond its traditional merchant-of-record model. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Passport do?

Founded in 2017, Passport is an international shipping carrier built for e-commerce brands, marketplaces and 3PLs. The company manages all the complexities associated with international shipping so brands can stay focused on their core business. It is privately held, operating in Commerce And Shopping, and is based in Charlotte.

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