Reported about 8 hours ago
Stord, a fast-growing e-commerce logistics provider, has acquired Ware2Go, a subsidiary of UPS, enhancing its operational capacity with an additional 21 warehouses totaling 2.5 million square feet. This strategic move allows Stord to better meet the growing demand from e-commerce brands while deepening its partnership with UPS. The acquisition follows Stord's significant funding round that valued the company at $1.5 billion, positioning it as a major player in North America's fulfillment network.
Source: YAHOO