Big success for LT startups – dropshipping business Oberlo acquired by Shopify for $15 mln

Earlier this week it was announced that Shopify Inc. (NYSE:SHOP), a global company providing a cloud-based multi-channel commerce platform for small and medium-sized businesses, has acquired UAB Oberlo, a Lithuanian company that operates an online marketplace for entrepreneurs mainly with dropshipping solutions. Total transaction value is estimated to b, oberloe $15 million.

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