EBay, Newell Rubbermaid invest in Shipwire
Reuters, July 13, 2011
EBay Inc. invested in logistics provider Shipwire as part of their efforts to add more services for merchants moving online.
Newell Rubbermaid Inc. invested alongside EBay to join existing Shipwire backer Meakem Becker Venture Capital. The size of such investment was not disclosed.
Shipwire stores and ships products for merchants and sells order-management software. Such services are in demand as more retailers expand online sales and look for ways to offer customers easy shipping options. See pdf copy. Read more here.