FedEx has agreed to buy e-commerce shipping service ShopRunner, which will operate as a subsidiary of FedEx Services, for an undisclosed sum (Thomas Black/Bloomberg)

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Thomas Black / Bloomberg:

FedEx has agreed to buy e-commerce shipping service ShopRunner, which will operate as a subsidiary of FedEx Services, for an undisclosed sum  —  FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its ties with online shoppers.