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0 0 -0.000345622119815518 -0.000230414746543733 0.00391705069124428 0.00414746543778818 0.00552995391705074 0.00414746543778818
Stock impact report

Descartes acquires inventory, order management platform Sellercloud for $110M [Yahoo! Finance]

Hub Group, Inc. - Class A (HUBG) 
Last hub group, inc. - class a earnings: 4/30 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: hubgroup.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
The transaction includes up to an additional $20 million in consideration based on combined revenue targets. New Jersey-based Sellercloud provides omnichannel e-commerce services to more than 1,000 merchants, distributors, wholesalers and manufacturers. The company's platform is designed to help users manage product across multiple sales channels, including the fulfillment process. It executes more than 150 million orders valued at over $15 billion annually. “Sellercloud expands our product suite with advanced inventory and order management capabilities that our customers have been asking for,” said Mikel Richardson, general manager of e-commerce at Descartes, in a Monday news release. “When combined with Descartes' existing ecommerce shipping, fulfillment and warehouse management solutions, we believe the result is a truly differentiated offering to manage the full lifecycle of domestic and cross-border ecommerce shipments.” Canada-based Descartes ( NASDAQ: DSGX ) funded the tr Show less Read more
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