Global-e Online Ltd. has announced its acquisition of ReturnGo Ltd., a leading provider of AI-powered return and exchange solutions. This strategic acquisition aims to enhance Global-e's post-purchase solutions for merchants by integrating ReturnGo's advanced technology. The integration will enable Global-e's merchants to offer flexible and superior return experiences to customers globally. According to Nir Debbi, President of Global-e, the acquisition is set to improve customer satisfaction and loyalty by providing an enhanced online shopping experience, especially in global commerce. Aviad Raz, Co-Founder and CEO of ReturnGo, expressed excitement about the collaboration, emphasizing its potential to make returns smarter, faster, and more sustainable. The acquisition is not anticipated to significantly impact Global-e's revenue or financial results.
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