Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport
Flexport is buying
Shopify’s
logistics-fulfillment operations, including U.S. e-commerce platform Deliverr, setting up the freight company to add home-delivery services that would compete with
Amazon.com
for retailer business. Shopify is also selling its 6 River Systems warehouse robotics operation to U.K. automated grocery-fulfillment specialist
Ocado Group.
Shopify, a Canada-based online retail-services platform that has struggled…