PayPal has acquired Jetlore, an ecommerce service that helps retailers offer personalized search results using “Predictive Ranking,” which matches each customer’s unique preferences directly to inventory in real time. The acquisition is an effort to grow PayPal Marketing Solutions, which Read more
Adobe is acquiring ecommerce platform Magento Commerce for $1.68 billion. Magento CEO Mark Lavelle will continue to lead the Magento team as part of Adobe’s Digital Experience business. Last month, Magento Commerce launched a new suite of tools to help Read more
PayPal is turning to an acquisition for growth, betting on international and in-store opportunities. On Thursday it announced it had agreed to acquire iZettle, allowing it to expand offerings in 12 markets while adding in-store capabilities in 11 markets and Read more
FedEx said it is expanding its capabilities with the acquisition of Northwest Research, a logistics firm that has expertise in dealing with challenging shipments. It will complement FedEx as it services the ecommerce industry. Press release follows: FedEx Corporation announced Read more
Walmart acquired Parcel and will use it to provide same-day delivery to customers located in New York City. The service will deliver items from Walmart and Jet, including both general merchandise and fresh and frozen groceries. The deal closed on Read more
Amazon will officially buy Whole Foods Market on Monday and has promised to immediately start lowering prices. Eventually it will make Amazon Prime the supermarket’s customer rewards program, providing Prime members with special savings and other in-store benefits. And Amazon Read more
PayPal announced its plans to acquire Swift Financial, a provider of working capital solutions to small businesses. PayPal had jumped into the lending business in 2013 when it launched PayPal Working Capital, after it saw how other businesses such as Read more
eBay wants to give car buyers greater selection and make it easier for them to find the vehicle they’re looking for, and it acquired Cargigi to help it. eBay announced the acquisition on Tuesday, saying it will leverage Cargigi’s technology Read more
eBay announced plans to raise $1.5 billion, while Alibaba is rumored to be looking to borrow about $4 billion. One obvious use of such debt would be to acquire companies – could this be a good time for ecommerce players Read more
Stamps.com received the greenlight from the Department of Justice to acquire rival shipping solution Endicia, the company said last week after releasing its third-quarter earnings. It expects to close on the deal on November 18th. Both companies are well known Read more
