Shopify to buy warehouse technology provider for $450 million

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Shopify to buy warehouse technology provider for $450 million
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Shopify Inc said on Monday it would buy warehouse technology provider 6 River Sy...

FILE PHOTO: Canadian e-commerce company Shopify Inc logo is shown on a computer screen in the illustration photo in Encinitas, California May 3, 2016. REUTERS/Mike Blake/File Photo

Shopify unveiled plans in June to spend $1 billion to run a warehousing network in the United States to take on the likes of Amazon.com Inc and eBay Inc. Boston area-based 6 River sells a self-driving cart system called “Chuck” that guides workers through warehouse aisles to pick customer orders in the most systematic way possible.

Co-founders include veterans from Kiva Systems, which Amazon acquired in 2012 to help store and move inventory more efficiently. While Amazon took the Kiva robots in-house, Shopify said 6 River Systems will keep selling technology to warehouses.

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