E-Commerce Acquisitions in 2026

  • Buyer
    upGrad
    Target
    Internshala
    Industry
    E-Commerce
    Location
    Haryana, India
    Type
    Buyout

    upGrad has acquired Internshala, the early-talent internship marketplace, in a 90% stock-swap deal for an undisclosed amount. Internshala will continue to operate as an independent brand under its founder and CEO Sarvesh Agrawal while leveraging upGrad’s platform, scale, and technology to expand product innovation and AI-led talent matching.

  • Buyer
    MD Holdings
    Target
    FactoryMation
    Seller
    Russ Sanders
    Industry
    E-Commerce

    FactoryMation, a founder-led e-commerce distributor of electrical components, has partnered with MD Holdings to accelerate strategic growth. The transaction is intended to preserve FactoryMation’s culture while bringing MD Holdings’ investment and operational support to scale faster and expand into new markets.

  • January 28, 2026
    Buyer
    Rover Group, Inc.
    Target
    Meowtel Inc.
    Industry
    E-Commerce
    Type
    Buyout

    Rover Group, Inc. has acquired Meowtel Inc., a U.S.-focused cat-sitting marketplace, to accelerate Rover's investment in cat-centric care. Meowtel will continue to operate as an independent brand under its co-founders Sonya Petcavich (CEO) and Bruno Leveque (CTO); terms were not disclosed.

  • Buyer
    Rich Sparkle Holdings
    Target
    Step Distinctive Limited
    Industry
    E-Commerce
    Location
    United Kingdom
    Type
    Buyout

    Rich Sparkle Holdings (ANPA.US) announced it has completed the acquisition of Step Distinctive Limited, a core company associated with TikTok creator Khaby Lame, with Lame expected to become a controlling shareholder. The deal includes a 36-month strategic cooperation giving Anhui Xiaoheiyang Network Technology Co., Ltd. exclusive global full-chain operating rights to run livestream and short-video commerce, TikTok Shop operations, cross-border fulfillment and an AI "Digital Twin" program to scale multilingual content.

  • Buyer
    iHerb Holdings, LLC
    Target
    Vitacost.com, Inc.
    Seller
    The Kroger Co.
    Industry
    E-Commerce
    Type
    Buyout

    iHerb Holdings, LLC has completed the acquisition of Vitacost.com, Inc. from The Kroger Co., acquiring the Vitacost brand, intellectual property and inventory. The deal—terms undisclosed—is intended to accelerate iHerb's U.S. market presence, expand its customer base and strengthen its position in the vitamins, minerals and supplements and natural products e‑commerce category.

  • Buyer
    Gold.com, Inc.
    Target
    Monex Deposit Company, Atkinsons Bullion & Coins
    Industry
    E-Commerce
    Type
    Buyout

    Gold.com (formerly A‑Mark Precious Metals) closed the acquisition of Monex Deposit Company on January 2, 2026 and also purchased an additional 24.5% equity interest in U.K. online retailer Atkinsons Bullion & Coins, bringing its total stake to 49.5%. The deals expand Gold.com's direct‑to‑consumer footprint and capabilities in bullion retail, custody/storage and international distribution while beginning integration of Monex's operations.

  • Buyer
    eBay
    Target
    Depop
    Seller
    Etsy
    Industry
    E-Commerce
    Type
    Buyout

    eBay and Etsy entered into a definitive agreement under which eBay will acquire Depop for approximately $1.2 billion in cash, subject to purchase price adjustments. The deal is intended to strengthen eBay’s consumer-to-consumer (C2C) fashion resale offering by adding Depop’s Gen Z- and Millennial-focused marketplace. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals.

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