Global-E To Acquire Borderfree Cross-Border Ecommerce Service From Pitney Bowes
Acquiring Company
Global-E Online Ltd
Acquired Company
Service
Kuala LumpurCommerce and ShoppingSoftwareCommerce And ShoppingInternet ServicesE CommerceFashionRetailDescription
Global-e (NASDAQ: GLBE) (“Global-e” or the “Company”), the world’s leading cross-border end-to-end platform for brands and retailers, today announced that it has entered into a definitive agreement with Pitney Bowes (NYSE: PBI) to acquire the global shipping and mailing company’s Borderfree cross-border ecommerce solutions business. Borderfree helps retailers enter new global markets by localizing their domestic website in 200+ countries and territories, simplifying compliance and regulations processing.
Fundz sees it the moment Global-E Online Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Service?
Service was acquired by Global-E Online Ltd, based in Kuala Lumpur. The deal was reported on June 21, 2022. 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 Service?
Global-E Online Ltd's acquisition of Service was reported on June 21, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Service do?
Service is the company acquired in this transaction. It is publicly traded (SCI).
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