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Within a year, the Canadian e-commerce startup Shopify will reduce its employees by 20% through a second wave of layoffs. Additionally, Shopify intends to sell Deliverr, a division of its logistics business, to the end-to-end trading platform Flexport.

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indiabiz-live-shopify-will-sell-its-logistics-division-to-flexport-reduce-its-workforce-by-20-

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  1. HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Top Stories Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign Shopify will Sell its Logistics Division to Flexport & Reduce its Workforce by 20%    Home - Startups - Shopify will Sell its Logistics Division to Flexport & Reduce its Workforce by 20%    Search here ... Latest Update RECENT POPULA R COMMO N  May 5, 2023 IvyCap Ventures- Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Startups  May 5, 2023  May 5, 2023 Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign By Gurpreet Kaur  4 hours ago  0  5  Less than a minute Facebook Twitter            May 5, 2023 Within a year, the Canadian e-commerce startup Shopify will reduce its employees by 20% through a second wave of layoffs. Additionally, Shopify intends to sell Deliverr, a division of its logistics business, to the end-to-end trading platform Flexport.    Govt changes Proposed Electricity Strategy to Stop Additional Coal- Fired Capacity: Report Despite the layoffs, Shopify’s ?rst quarter 2023 results were impressive, with total revenues rising by 25% to $1.5 billion. The good news caused the company’s shares to soar up to 17% in pre-market trading.   Deliverr will sell its ful?lment division to Flexport, which it acquired for $2.1 billion less than a year ago. Deliverr will obtain a 13% stock share in Flexport as part of the agreement.     May 5, 2023 Shopify will Sell its Logistics Division to Flexport & Reduce its Workforce by 20%   Harsh Abbott, the CEO of Deliverr, will oversee the handover, pending regulatory permission. Wow Skin Science’s CEO, Sumit Shah, a well-known Shopify India seller, tweeted that Wow Skin Science has moved its whole online business to the Dukaan platform.   Shopify, one of the investors in Flexport, partnered with the logistics business earlier this year to provide its merchants access to Flexport’s freight services.   Most Viewed You can share this post!  February 15, 2023 MARKETS HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC Adani Group equities are the Subject of This Week  FUND RAISING             Previous article Next article 

  2.  March 3, 2023 Adani Transmission Intends to Repurchase $100 Million in Bonds Govt changes Proposed Electricity Strategy to Stop Additional Coal-Fired Capacity: Report VCs’ ?xation with start-ups’ topline, says CEO of Infosys Related Articles  February 27, 2023 STARTUPS STARTUPS STARTUPS M-cap of the Adani Group falls below the Rs 7 lakh crore threshold   January 31, 2023 IHC investment leads Adani Enterprises shares to boost by 5%   PhonePe has Launched UPI Lite to Make Small… In Bengaluru, Zypp Electric will Launch 10,000 Electric… RED.Hea Ambulan  May 4, 2023  May 3, 2023  May 2, Leave a Reply  February 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs Your email address will not be published. Required ?elds are marked * Comment *  March 3, 2023 Buy Adani Group Stocks, Advises ICICIdirect   Name * Email * Most Reviews POST COMMENT RECENT POPULA R COMMO N  May 5, 2023 IvyCap Ventures- Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M  May 5, 2023 Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign  May 5, 2023 Govt changes Proposed Electricity Strategy to Stop Additional Coal- Fired Capacity: Report ECONOMIC HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS MARKETS FUND RAISING 

  3. Newsletter Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email a  About Indiabiz Recent Post Popular Categories Trending Post  May 5, 2023 Campaigns Digital Media Adani Group equities are the Subject of This Week  IvyCap Ventures-Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Economic Fund Raising Marketing Markets Politics Startups  May 5, 2023 Uncategorized VCs’ ?xation with start-ups’ topline, says CEO of Infosys Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign  May 5, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  Govt changes Proposed Electricity Strategy to Stop Additional Coal-Fired Capacity: Report © Copyright Indiabiz.live 2022. Designed and Developed by VUI Live 

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