Global-e completes $350M acquisition of Passport to boost cross-border e-commerce logistics.

Global-e Online Ltd. has finalized its $350 million acquisition of Passport Global Inc., a US-based cross-border e-commerce logistics company. This acquisition enhances Global-e's shipping capabilities by integrating Passport's efficient, multi-carrier network and logistics solutions, improving delivery speed and cost-effectiveness for merchants and shoppers worldwide. Passport's founder, Alex Yancher, joins Global-e's management, and the company will update its 2026 outlook reflecting this deal in its upcoming earnings call. This move aims to strengthen Global-e's position as a leading global e-commerce platform by expanding its logistics services and improving the post-purchase experience.