Shipwire Closes Strong 2013 with Marquee-Name Customers; Completed Acquisition by Ingram Micro to Build e-Commerce Powerhouse
Company’s Economic Impact on Global Fulfillment Market Showcased in New Research
PALO ALTO, Calif., Dec. 12, 2013 — Shipwire Inc., a leading provider of outsourced fulfillment services for emerging brands, today announced new research demonstrating its impact on e-commerce fulfillment and global brand distribution. With the addition of new branded customers such as The Grommet and SOL REPUBLIC, and Shipwire’s acquisition by Ingram Micro, the company validates its broad impact on the SMB e-commerce marketplace and importance of a flexible supply chain strategy. Shipwire’s momentum is underscored by new research unveiled today that details the company’s economic impact within the SMB e-commerce marketplace since 2006.
“Our growth and acquisition by Ingram Micro demonstrate that we’re building a global e-commerce engine and provide us with additional resources to do more innovation a lot faster,” said Damon Schechter, founder and president of Shipwire. “Throughout this growth period and into the future, our mission remains the same: to provide ‘Enterprise Logistics For Everyone,’ which means simplifying the complex world of global distribution while being flexible enough for enterprise brands to deliver all of their multi-channel buyer experiences.”
Shipwire Welcomes Marquee-Name Customers
Shipwire has shown strong traction with customer wins of entrepreneurial brands like The Grommet and SOL REPUBLIC, which are looking to deliver a unique, branded and impactful buyer experience globally.
“Activating a new sales channel in such a short amount of time presents a number of challenges,” said Mark Reynolds, global director of digital at SOL REPUBLIC. “It was important for us to quickly and seamlessly connect eBay’s e-commerce platform with our order fulfillment partner. eBay provides exposure to customers anywhere in the world, so of course our fulfillment solution has to keep up. As a partner of eBay, Shipwire was an easy choice here.” (Please see the ecommerce case study.)
“The Grommet is a product discovery platform that connects people with products that have purpose,” said Jules Pieri, CEO of The Grommet. “We’ve had an amazing year of growth in 2013, and Shipwire, our shipping technology partner, has been a backbone partner. We are using Shipwire fulfillment, in conjunction with innovative Shipwire drop-shipping technology and Magento open-source e-commerce, to deliver products from thousands of makers, all unified by The Grommet brand and delivered on-time and at the right price to The Grommet purchasers. We’re excited to see Shipwire get a major investment of resources with the acquisition by Ingram Micro.”
Shipwire Makes Strong Impact on Global SMB e-Commerce Marketplace
Integrated into the top e-commerce platforms and based in Silicon Valley, Shipwire has pioneered cloud logistics with on-demand fulfillment center and shipping tools, Web services, and innovative developer tools that can be used together to solve complex global logistics problems. Over the course of its seven years in business, more than 1,000 emerging brands and Web retailers have relied on Shipwire to provide on-demand e-commerce fulfillment and supply chain management.
Shipwire today unveiled an ecommerce infographic that showcases the company’s success and impact on the global fulfillment market since its inception in 2006. Shipwire has helped millions of buyers look up shipping rates for hundreds of thousands of products, in thousands of online stores across more than 170 different countries. It has helped these same customers place orders in excess of $500 million dollars, shipped over 4 million miles, from seven distribution centers, in four countries, via 18 global carriers.
Shipwire’s acquisition by Ingram Micro is yet another proof point of the company’s success. Announced in November, the acquisition is intended to accelerate Ingram Micro’s growth in a $40 billion e-commerce fulfillment services market — a market that is estimated to grow by double digits through 2015.(1) With the acquisition by Ingram Micro, a Fortune 100 global powerhouse, Shipwire will be able to leverage the size, breadth and strength of Ingram Micro and its more than 20,000 associates, serving more than 200,000 resellers and business-to-business sellers in 160 countries through more than 140 distribution centers worldwide in over 40 countries.
“Ingram Micro is the world’s largest wholesale technology distributor and supply chain services provider for the world’s leading brands, and Shipwire is a growth software platform for brands that now have access to warehouses, carriers, freight services and logistics experts worldwide,” said Robert Gifford, senior executive vice president & president of Ingram Micro Global Logistics. “Together, Ingram Micro and Shipwire will continue to build a Web-delivered, end-to-end global supply chain platform, where multi-channel brands can get everything they need to deliver their brand experience to buyers globally.”
 Transport Intelligence (Ti), North American e-commerce Logistics 2012