2024-01-20
“Struggling company” Total BS. Massive partner throws in a quarter of a B uncapped. Flexport team are total Gs. LFG
The Information
Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its money-losing logistics unit to Flexport in exchange for equity in May 2023
Report FreightWaves : Flexport raises $260M from Shopify Threads: Ran Reichman / @ranreichman : I don't understand this on two accounts: 1. Flexport CEO said they have a fortress ...