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Descartes Systems Expands Ecommerce Offerings with Sellercloud Acquisition
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Descartes Systems Expands Ecommerce Offerings with Sellercloud Acquisition

The Descartes Systems Group (TSE:DSG) has released an update.

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The Descartes Systems Group has strengthened its ecommerce suite by acquiring Sellercloud, a US-based provider of inventory and order management solutions for $110 million. This acquisition aims to enhance Descartes’ capabilities in managing the full lifecycle of ecommerce shipments, catering to small and mid-market businesses. The deal aligns with Descartes’ strategy to expand its logistics network and offer comprehensive solutions for ecommerce operations.

For further insights into TSE:DSG stock, check out TipRanks’ Stock Analysis page.

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