Deal snapshot: Global-e to Acquire Borderfree Cross-Border e-Commerce Service from Pitney Bowes.

MANews-(C)2009-2022

Israel-based retailer cross-border platform Global-e (NASDAQ: GLBE) has entered into a definitive agreement with US-based shipping and mailing company Pitney Bowes (NYSE: PBI) to acquire the global shipping and mailing company's Borderfree cross-border ecommerce solutions business, the company said.

Borderfree helps retailers enter new global markets by localizing their domestic website in 200+ countries and territories...

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