Sources: Flexport is raising $260M from Shopify, one of its biggest shareholders; Shopify sold its logistics business to Flexport in exchange for equity in 2023 (Theo Wayt/The Information)

Theo Wayt / The Information:
Sources: Flexport is raising $260M from Shopify, one of its biggest shareholders; Shopify sold its logistics business to Flexport in exchange for equity in 2023  —  Flexport is raising $260 million from e-commerce software giant Shopify, one of its biggest shareholders …

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