Fiverr announced its acquisition of AutoDS, a Denver, Colorado-based provider of a subscription-based end-to-end solution for dropshippers, including product research and sourcing, inventory management, and automated fulfillment.
The amount of the deal was not disclosed. AutoDS will remain independently operated while working together to maximize synergies between both companies.
AutoDS brings tens of thousands of dropshippers into the Fiverr ecosystem, adding to the existing dropshipping and e-commerce buyer base on Fiverr. This acquisition expands Fiverr’s footprint in the value chain in categories with existing dominance and growth momentum, including dropshipping, website development, e-commerce management and social media marketing.
Founded in 2018 and managed by Lior Pozin, Michael Royf, and Ofir Bokobza, AutoDS aims to automate the dropshipping process to help source products from major channels like Amazon and eBay and to help every business scale easily. AutoDS provides a single dashboard where multiple stores can be monitored, and prices are automatically updated as they increase from suppliers.
With its expansive global reach and an omni-channel approach, AutoDS aggregates over 150 million products and serves tens of thousands of paying subscribers on its platform.
Led by founder and CEO Micha Kaufman, Fiverr provides a platform that aims to democratize access to talent and provide talent with access to opportunities so anyone can grow their business, and brand. From small businesses to Fortune 500, around 4 million customers worldwide worked with freelance talent on Fiverr in the past year. With Fiverr Business Solutions, large companies can find the right talent and tools tailored to their needs to help them thrive and grow. On Fiverr, users can find over 700 skill categories, ranging from AI to programming and 3D design, digital marketing to content creation, and from video animation to architecture.
FinSMEs
31/07/2024