Global-E Announces Closing Of Acquisition Of Borderfree Cross-Border Ecommerce Service From Pitney Bowes
Acquiring Company
Global-E Online Ltd
Acquired Company
Borderfree Service
Description
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 the closing of its previously announced acquisition of Borderfree cross-border ecommerce solutions business from Pitney Bowes (NYSE: PBI). Borderfree helps retailers enter new global markets by localizing their domestic website in 200+ countries and territories, simplifying compliance and regulations processing.
Quick answer
Global-E Online Ltd is acquiring Borderfree Service, announced July 1, 2022.
- How much did Global-E Online Ltd pay for Borderfree Service?
- The deal value was not disclosed.
- What does Global-E Online Ltd do?
- Global-E Online Ltd. is an e-commerce service provider specializing in cross-border transactions for retailers.
- Who are the decision-makers at Global-E Online Ltd?
- Fundz holds 1 contact at Global-E Online Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Commerce and Shopping and Commerce And Shopping
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Global-E To Acquire Borderfree Cross-Border Ecommerce Service From Pitney Bowes (June 21, 2022)
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- Pantastic Acquires Ai-Powered Product Recommendation Application Limespot Solutions Inc. (August 12, 2022)
- Equifax To Acquire Lawlogix (July 21, 2022)
- Vendavo Acquires Market Medium, A Cloud-Based Rebate And Channel Management Solution Provider (July 19, 2022)
- El Car Wash Announces Acquisition By Warburg Pincus (July 18, 2022)
Who to call at Global-E Online Ltd, and when
When Global-E Online Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Borderfree Service?
Borderfree Service was acquired by Global-E Online Ltd. The deal was reported on July 1, 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 Borderfree Service?
Global-E Online Ltd's acquisition of Borderfree Service was reported on July 1, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Borderfree Service do?
Borderfree Service is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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