CommerceHub
 | |
| Company type | Private |
|---|---|
| Industry | Cloud-based ecommerce fulfillment and marketing, marketplace |
| Founded | October 1997 (as Commerce Technologies, Inc.) Albany, New York, US |
| Founder | Frank Poore, Richard Jones |
| Headquarters | Latham, New York; London, England |
Area served | United States, Canada, United Kingdom |
Key people | Bryan Dove, CEO; Matt Hardy, CFO; Pete Elmgren, CRO; Adam Denenberg, CTO; Aarthi Ramamurthy, CPO; Janay Jesperson, Chief People Officer |
| Products | Commerce Suite, Delivery Suite, Digital Marketing |
| Services | cloud-based ecommerce fulfillment and marketing for large retailers, marketplaces, consumer brands and their suppliers |
| Website | commercehub |
CommerceHub is one of the world’s commerce networks, providing software for
CommerceHub was formed in 1997 to develop e-commerce integration services
Merchant data transmitted via a
In 1998 drop-ship fulfillment services were added to the connectivity hub to provide management and monitoring of the
In August 2000 CommerceHub received a multimillion-dollar investment from Interactive Technology Holdings, LLC,
CommerceHub was acquired by QK Holdings, a supply-chain management company, in an all-cash transaction, announced in August 2006.
CommerceHub went public in 2016 and was traded on NASDAQ. In May of 2018 it was acquired for $1.1 billion by GTCR and Sycamore Partners private equity firms, who took it private.[12]
CommerceHub acquired DSCO Inc. based out Lehi, Utah in November of 2020.[13] A month later, in December 2020, Insight Partners acquired a majority stake in CommerceHub for an estimated $1.9 billion.[14]
in 2022 CommerceHub acquired ChannelAdvisor.
The CommerceHub headquarters is located in Latham, New York.
References
- ^ D'Errico, Richard A. (2006-08-07). "CommerceHub outlasts competitors; now targets overseas market". The Business Review (Albany). Retrieved 2010-12-06.
- ^ Gordon, Jack (May 2005). "CommerceHub is working a quiet revolution". Electronic Retailer Magazine. Archived from the original on 2011-05-27. Retrieved 2010-12-06.
- ^ Findlay, Andrea McKenna (2001-01-31). "When it absolutely, positively has to be there, e-retailers turn to outsourcing". Internet Retailer. Retrieved 2010-12-06.
- ^ a b Peters, Kurt (2003-02-27). "Re-assessing drop shipping—again". Internet Retailer. Retrieved 2010-12-06.
- ^ Roussel-Dupre, Stephanie (2001-07-01). "Virtual Reality Warehouse". Real Solutions Online. Retrieved 2010-12-06.
- ^ Maguire, James (2006-07-24). "Make Drop-shipping Work for You". ECommerce-Guide. Retrieved 2010-12-06.
- ^ "Integration and Implementation". CommerceHub. Retrieved 2010-12-06.
- ^ Demery, Paul (2004-10-08). "CommerceHub Launches Drop-Ship Master 4.0, Further defining the standard in drop-ship fulfillment management". Internet Retailer. Retrieved 2010-12-06.
- ^ PR Newswire (2000-08-31). "CommerceHub Secures Multi-Million Dollar Equity Investment From an Affiliate of Comcast Corporation and QVC, Inc". HighBeam Research. Retrieved 2010-12-06.[dead link]
- ^ a b c "About CommerceHub". CommerceHub. Retrieved 2010-12-06.
- ^ D'Errico, Richard A. (2006-08-22). "CommerceHub sold; Poore relinquishes day-to-day role". The Business Review (Albany). Retrieved 2010-12-06.
- ^ "GTCR and Sycamore Partners Complete Acquisition of CommerceHub" (Press release). GlobeNewsWire. 2018-05-21.
- ^ "CommerceHub + Dsco: Creating The New Digital Supply Chain". DSCO. 2020-11-16.
- ^ "Insight Partners Takes Majority Stake in CommerceHub". Bloomberg. 2020-12-02.