E-commerce firm Shopmatic buys brick-and-mortar retail solutions specialist Octopus

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LOCAL e-commerce solutions startup Shopmatic is acquiring brick-and-mortar retail solutions specialist Octopus Retail Management as it pursues an omnichannel strategy. Read more at The Business Times.

Customers will now be able to tap a holistic suite of services to manage their online and offline businesses, said Ong Whee Shiong , founder and MD of Octopus; and Anurag Avula, co-founder and CEO of Shopmatic.LOCAL e-commerce solutions startup Shopmatic is acquiring brick-and-mortar retail solutions specialist Octopus Retail Management as it pursues an omnichannel strategy.

Shopmatic co-founder and CEO Anurag Avula told The Business Times that through a cash and share swap,

 

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