eBay to offer one hour shipping after Shutl acquisition

Ecommerce giant, eBay has announced today that they have acquired UK based Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term, Shutl. Shutl Who initially began providing their services alongside UK retailer Argos, offers shipping under one hour within London.

eBay’s newest Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term displays their interest in expanding the eBay brand within London using Shutl’s infrastructure for speedy delivery from local sellers.

“Approximately 75 percent of what people buy is local, found within 15 miles from their home” and that “Traditional retail isn’t going away. But it is transforming, and that creates enormous opportunity within the $10 trillion total commerce market.” eBay President Devin Wenig stated at a New York Press event.

The Shutl acquisition comes off the heels of the launch of eBay’s “Click and Collect” service last month in the UK, and allows customers to pay for products, and pick them up from a physical storefront nearby.

These two steps towards fast and efficient delivery shows us a new direction that eBay is very interested in taking. We can only hope that the current UK exclusive services, are simply a pilot, and we can see them expanding their new shipping methods to more regions in the near future