Flexport completes acquisition of Shopify logistics business
Digital-oriented freight forwarder Flexport has completed its acquisition of the logistics arm of Shopify Inc., one month after it announced its plans. The deal includes Deliverr, the tech-enabled shipping services provider Shopify bought last year for $2.1 billion, and it officially puts Flexport into e-commerce fulfillment and last-mile delivery. In exchange for its fulfillment assets,…