New By Uttarakhand Sandesh 2021-02-17

Amazon Quietly Acquires Australia-Based Shopify Rival Selz

Amazon has quietly purchased the Australian-based e-commerce platform Selz, which enables businesses to build their own online stores. The deal, terms of which were not disclosed, was made last month and confirmed by Selz in a blog post. US media reported the acquisition on Tuesday. Selz's operations could help Amazon to fend off challenges from the fast-growing Canadian-based firm Shopify, which offers a similar service to retailers.