FedEx Corp. (NYSE:FDX) announced today that it acquired Bongo International, a leader in cross border enablement technologies and solutions. Bongo International’s capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global e-commerce marketplace.
Bongo International’s technology and processes provide a comprehensive and integrated end-to-end solution that helps retailers and e-tailers grow by reaching international e-commerce consumers. Bongo International’s capabilities include duty and tax calculations; export compliance management; HS classification; currency conversions; international payment options inclusive of language translation; shopping cart management and fraud protection.
With a base of over 2,000 retailers across Europe, the UK and U.S., Bongo International is currently delivering cross border enablement solutions to more than 200 countries worldwide.
Read more: fedex.com