SupplyPike, an automated invoice deduction management and prevention solution was acquired by retail supply chain cloud services provider SPS Commerce to expand its product portfolio with automated invoice deduction management and prevention.

POS firm Revel Systems was scooped up for $250M by its rival Shift4 Payments, planning to incorporate Revel’s POS capabilities into its SkyTab payments system.

In the food delivery space, Delivery Hero sold its restaurant delivery service in Taiwan Foodpanda for $950M to delivery platform Uber Eats to expand in the Asian market.

In 2024, there was a megadeal in the market, as Ryan Reynolds-backed transaction processing platform Nuvei was pocketed for $6.3B at 5.3 times revenue by PE firm Advent. 

Romanian e-commerce company eMAG sold its local commerce platform Tazz to its Finnish peer company Wolt to expand its presence in Central and Eastern Europe.

Direct marketing company Guthy-Renker sold its e-commerce logistics arm OceanX to Cart.com, a unified commerce solutions provider, increasing its fulfillment warehouse network.

Vietnamese e-commerce data consolidation platform Customore was acquired by Malaysian integrated e-commerce player ADA to create a comprehensive intelligent solution for the Consumer Packaged Goods sector.