STARTUPS

E-commerce firm Shopmatic buys brick-and-mortar retail solutions specialist Octopus

STARTUPS

E-commerce firm Shopmatic buys brick-and-mortar retail solutions specialist Octopus

3 -min read
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3 -min read
Listen to this article

Singapore

LOCAL e-commerce solutions startup Shopmatic is acquiring brick-and-mortar retail solutions specialist Octopus Retail Management as it pursues an omnichannel strategy.

Shopmatic co-founder and CEO Anurag Avula told The Business Times that through a cash and share swap,...