Loading AI tools
From Wikipedia, the free encyclopedia
Radial, Inc. is an American multinational e-commerce company based in King of Prussia, Pennsylvania.[2] It provides order management, payment processing, order routing, fulfillment, and analytics services for companies such as GameStop, DSW, Shoe Carnival and Destination XL.[3]
Company type | Subsidiary |
---|---|
Industry | E-commerce |
Predecessor |
|
Founded | 2016 |
Headquarters | , |
Key people | |
Number of employees | 7,000+[2] (2016) |
Parent | Bpost |
Website | radial |
Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise.[4]
Sterling Partners, a private equity firm, acquired Innotrac on January 6, 2014, for $8.20 per share.[5] The buyout totaled $108 million.[6] Innotrac provided customer support and fulfillment services to retailers, software providers, and telecommunications companies.[7]
On November 2, 2015, Sterling Partners acquired eBay Enterprise's operations and enterprise technology services division.[8] Sterling Partners planned to merge Innotrac and the group from eBay Enterprise.[9]
The combined company, Radial, was announced on April 19, 2016. Sterling Partners estimated Radial's initial value at more than $1 billion.[9]
In October 2017, the Belgian Post Group, also known as bpost, acquired Radial for $820 million.[10]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.