Amazon announced today it is acquiring advertising solutions from Sizmek, which shares many customers with Amazon Advertising. CNBC said the deal comes as Amazon is a growing contender to take on the digital ad duopoly of Google and Facebook. Geekwire Read more
Online marketplace Tictail will close next year, and sellers are venting about the bad news as they look for alternatives. Ecommerce platform Shopify is acquiring the marketplace, which sent an email to its sellers this week telling them the Tictail Read more
Online marketplace Trade Me has received a takeover offer with a bid of $1.7 billion, according to the Aim Group. The company is the number one auction site and marketplace in New Zealand, and UK-based private equity firm Apax Partners Read more
FedEx acquired London-based P2P Mailing Limited, a provider of worldwide ecommerce transportation solutions, for £92 million. P2P provides customers with unique last-mile delivery options, leveraging its relationships with private, postal, retail and clearance providers in over 200 countries. Press release Read more
eBay announced on Tuesday it is acquiring the Japanese business of a company called Giosis, which runs a number of localized marketplaces in Asia. As part of the transaction, eBay will relinquish its investment in Giosis’ non-Japanese businesses. Additional terms Read more
It was supposed to make buying and selling across borders easier, but the merger between US money-transfer firm MoneyGram and China’s Alipay parent Ant Financial has been nixed. However, the two companies will work together on new strategic initiatives in Read more
eBay will acquire ecommerce analytics firm Terapeak and will integrate its supply, demand, and pricing data into eBay’s new Seller Hub portal. Online sellers use Terapeak data to evaluate pricing, sourcing opportunities, market trends, and product behavior across regions and Read more
