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The X-Cart E-commerce Platform from Ulyanovsk will be Merged with the American SellerLabs Company
26.11.2019 23:21
The X-Cart E-commerce Platform from Ulyanovsk will be Merged with the American SellerLabs Company

The X-Cart e-commerce platform from Ulyanovsk will be merged with the American SellerLabs Company, as Inc.Russia reports.

      The merger will take place through a stock exchange; together the companies will form the Seller Labs Group including all assets. SellerLabs develops solutions for companies selling products on Amazon , including tools for advertising, communication with customers and search engine optimization.

      The company's solutions are used in transactions worth 13 billion dollars (within the total turnover of Amazon Marketplace making up 140 billion dollars). It is planned that the newly created group will help companies develop their own brand and trade at alternative platforms.

Author: Anna Dorozhkina

Tags: Russian business Russian companies    

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