socaltech.com
Santa Monica-based
Happy Returns, which operates a business which makes it easier for consumers to returns items they have purchased at e-commerce startups and also handles all the logistics in processing those returns has been acquired by
PayPal. Financial terms of the buy were not announced. Happy Returns was venture backed by U.S. Venture Partners and Upfront Ventures, and also had previously raised strategic funding from PayPal itself. The last announced funding for Happy Returns was in April of 2019. Happy Returns has a network of approximately 2,600 retail locations, where consumers can drop of returns of products they purchased online.
socaltech.com
Santa Monica-based
Happy Returns, a startup which helps e-commerce companies manage their returns process, has partnered with omnichannel logistics services company
Port Logistics Group, the two announced this morning. The two said that Happy Returns has become part of Port Logistics Group s Whiplash partner integration network. Whiplash Merchandising, owned by PLG, is an ecommerce technology company providing integration, order management system (OMS) and warehouse management system (WMS) capabilities. Financial details of the partnership were not announced. Happy Returns is led by co-founder and CEO David Sobie.