Middle East Business: Lyve Global acquires majority stake in Shopini World – Gulf Digital News

Middle East Business: Lyve Global acquires majority stake in Shopini World – Gulf Digital News

Lyve Global, an Abu Dhabi based B2B logistics SaaS platform enabling businesses to digitize their customer journey from order to payment to delivery, has acquired a majority stake in Shopini World, a leading cross-border e-commerce logistics and solutions provider to businesses and consumers across the Middle East and North Africa (Mena), with operational presence in the UAE, US, UK, Turkey, and China.

Lyve’s acquisition of a majority stake in Shopini World reflects its ongoing commitment to strengthen its offering as the company plans to invest $150 million in high quality acquisitions within the next two years to broaden its global portfolio and expand market reach, a statement from the company said.

This acquisition brings together significant operational synergies with Shopini’s e-commerce solutions and international network, and Lyve’s technology and logistics infrastructure in the region. The combination of Shopini’s first- and middle-mile services with Lyve’s solutions completes the entire logistics cycle - driving efficiencies, and greatly enhancing execution capabilities and customer reach for Lyve’s e-commerce clients.

Lyve continues to evolve, building a rich digitized ecosystem of complete, end-to-end solutions through all touchpoints – from order acquisition, to order management, payment, and delivery. With its market-leading cloud-based platforms and services, the company currently helps facilitate