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Tag: Lightspeed $425 million

Lightspeed Buys Ecwid For $500M;...

The Canadian provider of point-of-sale software, Lightspeed,...

Lightspeed Buys Ecwid For $500M; NuOrder for $425M in Ongoing e-Commerce Consolidation Play.

The Canadian provider of point-of-sale software, Lightspeed, has added two more companies to its growing list of acquisitions. The business revealed today that it would pay $500 million for Ecwid, an e-commerce platform, and $425 million for NuOrder, a B2B ordering platform for wholesalers, brands, and retailers. Together, the two transactions highlight the long-expected trend of e-commerce industry consolidation when online payments are becoming increasingly important to the global economy due to COVID. Smaller companies are looking for better strategies to compete against industry giants like Amazon and Stripe. Expanding Partnership: Dax...
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Lightspeed Buys Ecwid...

The Canadian provider of point-of-sale software, Lightspeed, has added two more companies to its growing list of acquisitions. The business revealed today that it...
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