Global Blue today announced the acquisition of ZigZag, a leading Software-as-a-Service (SaaS) technology platform that helps retailers manage worldwide e-commerce returns and exchanges more profitably, and consumers to enjoy a smoother and enhanced return experience.
- ZigZag is a leading Software-as-a-Service (SaaS) technology platform that enhances the e-commerce returns experience for consumers and streamlines the returns process for retailers across the globe
- ZigZag is a fast-growing company and an emerging leader serving the dynamic and expanding worldwide e-commerce market
- With ZigZag, Global Blue extends its product set, complementing its Tax-Free Shopping and Added Value Payment Services propositions and advancing its mission to become a strategic omni-channel technology and payment partner for merchants
- Global Blue, listed on the New York Stock Exchange (Ticker: GB), has raised $70 million via a private placement of common stock issued to new institutional investors to fully fund the ZigZag acquisition