FedEx Makes Major Foray Into eCommerce By Buying ShopRunner
PYMNTS
DECEMBER 2, 2020
Once the FedEx acquisition closes, ShopRunner will operate as a subsidiary of FedEx Services, which provides a range of back-office functions, including IT, communications, technical support, billing and sales and marketing. The deal will thrust FedEx squarely into the center of the explosively growing eCommerce ecosystem.
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