In its second-largest acquisition, Amazon buys the company for $970 million.
The partnership will further contribute to ShipStation’s accelerated growth over the last two years, during which it has more than quadrupled its team headcount and is poised to reach $2 billion in orders processed by the end of the year.
AUSTIN, TX (October 21, 2013) – ShipStation, the leading web-based shipping platform for online retailers, today announced a new partnership with Mark Cuban Companies, owned by world-renowned serial entrepreneur and Dallas Mavericks owner, Mark Cuban. The partnership will further contribute to ShipStation’s accelerated growth over the last two years, during which it has more than quadrupled its team headcount and is poised to reach $2 billion in orders processed by the end of the year.
“Mark Cuban Companies is thrilled to recommend ShipStation’s streamlined shipping solution to all of our businesses,” Cuban said. “When it comes to growing a product-based business, it’s essential to have an efficient shipping system in place, one that simplifies and speeds the fulfillment process without compromising productivity.“
Designed from the ground up, ShipStation was built to accommodate all life stages of a growing eCommerce business, from startup to a mature, highly integrated and multi-faceted business. Primarily, ShipStation automatically retrieves and consolidates order information from over 40 sales channels, applies a preconfigured set of shipping preferences to each order, processes and prints customized shipping labels and packing slips—up to 500 in a single batch—automatically updates the sales channel with shipping status and tracking information, automates all customer communication, and provides consolidated reporting for immediate viewing. All of this happens automatically, seamlessly and in real-time.
“To say that we’re all excited about our new relationship with Mark Cuban Companies is an understatement,” said Curtis Mitchell, ShipStation’s Director of Business Development. “Mark Cuban is one of the most recognized and most respected businessmen in the world. It speaks volumes that Mark would choose ShipStation as the “go-to” shipping solution for his growing list of globally-recognized eCommerce businesses. Through Mark’s endorsement, product-based online retailers everywhere can feel more confident that ShipStation will be able to provide them with the tools needed to help improve their overall shipping and fulfillment process.”
Mark Cuban is owner of the NBA’s Dallas Mavericks, Landmark Theatres and Magnolia Pictures, chairman of the HDTV cable network, AXS TV, and a “shark” investor on the hit TV series, Shark Tank. Mark Cuban is also an active investor in leading and cutting edge-technologies, a book author and a sought-after speaker. He shares his wealth of experience and business savvy in his first published e-book, How to Win at the Sport of Business. In the book, Cuban tells his own rags-to-riches story of how he went from selling powdered milk and sleeping on friends’ couches to owning his own company and becoming a multi-billion dollar success story.
For additional information on how online retailers can better leverage their shipping fulfillment demands, visit: www.ShipStation.com.
ShipStation is a web-based shipping solution that streamlines the order fulfillment process for online retailers. With real-time integrations into popular marketplaces like eBay, Amazon, Sears, Best Buy and Newegg, and shopping carts like Magento, Volusion, Shopify, and Big Commerce, ShipStation handles everything from order import and batch label creation to customer communication. Advanced customization features such as Automation Rules and Product Profiles allow ShipStation to fit businesses with any number of users or locations. As a SaaS, cloud-based software solution, ShipStation is compatible on both Mac and PCs through any web browser—from anywhere!