Yahoo is adding another startup to its shopping cart. The e-commerce company Lexity announced on Wednesday that it was being acquired by the tech giant.
Lexity was founded in 2009 by former Yahoo product management director Amit Kumar. The startup calls itself the "one-stop-shop of e-commerce services." It comes with its own App Store and has marketing apps that aim to help online merchants drive sales. Lexity has "tens of thousands" of customers in 114 countries worldwide.
According to Lexity's announcement, all of its products, services, and initiatives will keep running on its platform and … Read more