Shopify sells its logistics business

What does it mean for the future of e-commerce?

Shopify, one of the world’s leading e-commerce platforms, has sold its logistics business, Shopify Fulfillment Network (SFN), to the American logistics company, RLS Logistics. In this blog post, we’ll discuss the impact of this sale on the future of eCommerce and on Shopify sellers themselves.

What is SFN and why did Shopify sell it?

SFN is a logistics network that allows Shopify sellers to outsource the storage and shipping of their products. SFN’s goal was to reduce shipping costs and improve the customer experience. However, Shopify has decided to sell SFN to RLS Logistics due to the COVID-19 pandemic and the increasing demand for logistics services from sellers. The sale of SFN will allow Shopify to focus on its core business: providing an e-commerce platform to its customers.

What does this mean for Shopify sellers?

The sale of SFN will not directly affect Shopify sellers who already use the logistics network, as RLS Logistics will be responsible for continuing to provide the service to these customers. However, sellers will need to be on the lookout for potential changes in pricing and services offered by RLS Logistics in the future.

What does this mean for the future of Shopify?

The sale of SFN will allow Shopify to focus on its core business: providing an e-commerce platform to its customers. The company will be able to invest more resources in improving its platform and developing new functionalities to meet the needs of its customers. In addition, the sale of SFN will provide Shopify with a cash injection that it could use to acquire startups or invest in its international expansion.

What does this mean for the future of e-commerce?

The sale of SFN to RLS Logistics indicates that the e-commerce logistics market is booming and is expected to continue to grow in the coming years. This could lead to more competition in the sector and an improvement in the services and prices offered to sellers. Additionally, the sale of SFN indicates that e-commerce companies can outsource logistics services instead of building their own networks.

What other companies offer logistics services for e-commerce?

Shopify isn’t the only company that offers logistics services to eCommerce sellers. Other major companies in this market include Amazon, UPS, FedEx, and DHL. These companies offer a wide range of logistics services, from storing and shipping products to tracking and managing returns.

Conclusion

The sale of Shopify Fulfillment Network to RLS Logistics indicates that the eCommerce logistics market is booming and is expected to continue growing in the coming years. Shopify merchants will need to be aware of potential changes to pricing and services offered by RLS Logistics in the future, but the sale will allow Shopify to focus on its core business. In addition, the sale will provide Shopify with a cash injection that it could use for future acquisitions or international expansion.