Passport Global Acquired by Global-e Online | Logistics M&A Deal

Global-e Online has acquired Passport Global, a logistics other business in the United States, for $350 million. Global-e Online acquisitions focus on cross-border e-commerce logistics and post-purchase delivery services, while Passport Global provides shipping, fulfillment, and customer experience support for international orders. The Global-e Online acquires Passport Global acquisition expands logistics M&A capabilities tied to platform acquisition and improves tracking, returns, and delivery orchestration. The strategic acquisition is structured as a platform acquisition by a strategic buyer, with deal value reported at $350 million and additional figures cited around $100 million and $75 million. The announced logistics other acquisition is expected to strengthen Global-e Online’s logistics M&A roadmap and enhance the post-purchase experience for global shoppers.