FiftyOne, an ecommerce platform that helps power international expansion and operations for online retailers, has acquired Borderfree, which helps companies expand ecommerce to Canada. Financial terms of the deal were not disclosed.
Borderfree offers a Canadian logistics program, which helps retailers provide shipping options optimized to fit the needs of Canadian online shoppers. The company counts retailers like Sephora, Patagonia and Eddie Bauer as clients.
For background, FiftyOne streamlines all aspects of the international shopping experience for retailers. FiftyOne will manage all aspects of the international order life cycle, including multi-currency pricing and payment processing, landed cost calculation, customs clearance and brokerage, international fraud management, international logistics orchestration, and more.
The addition of Borderfree will help FiftyOne expand its availability to Canada. FiftyOne has opened an office in Toronto, which will house the core Borderfree team.
Borderfree (formerly FiftyOne) is the partner that U.S. brands rely on to pave the way to global expansion. The market leader in international ecommerce, Borderfree operates a technology and services platform that enables U.S. retailers to transact with consumers in more than 100 countries worldwide, with more than two billion potential customers. Using Borderfree, U.S. retailers can rapidly develop their global ecommerce business across all dimensions. Borderfree takes care of every single aspect of the international order lifecycle, including...