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Flexport secures $260 million in funding from Shopify following a 20% job cut

Flexport, the struggling logistics startup that faced challenges and had to implement job cuts last year to reduce costs, has received a  significant financial boost. Flexport announced it has secured $260 million in funding through uncapped convertible notes from the
The post Flexport secures $260 million in funding from Shopify following a 20% job cut first appeared on TechStartups.

Flexport, the struggling logistics startup that faced challenges and had to implement job cuts last year to reduce costs, has received a  significant financial boost. Flexport announced it has secured $260 million in funding through uncapped convertible notes from the […]

The post Flexport secures $260 million in funding from Shopify following a 20% job cut first appeared on TechStartups.

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