Global-e has completed its acquisition of Borderfree, a cross-border e-commerce business owned by Pitney Bowes. The company paid $100 million in cash for the business, which helps retailers enter new global markets by localizing their websites.
Borderfree operates in more than 200 countries and territories, helping e-commerce businesses simplify compliance and regulations processing when shipping out of country. It enables orders to be placed in 75 different currencies.
“We are excited to welcome...