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purple_ferret
on May 4, 2023
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Shopify will be smaller by about 20% and Flexport ...
Seems like a huge miscalculation by management if their abandoning their expansion into logistics so quickly. Tobi should step down.
Rafert
on May 4, 2023
[–]
Quickly? They acquired 6 River Systems and announced the Shopify Fulfillment Network back in 2019. The were some pivots along the way (using 3rd party vs building out own warehouses) but it seems to me they've been at it for some time.
neko_ranger
on May 4, 2023
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They're selling Deliverr after purchasing them in May 2022 (finalized in July 2022)
Rafert
on May 4, 2023
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I'm aware - but that's hardly their first foray into the space is what I'm trying to say. I guess 'abandoning expansion' can be read multiple ways :)
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