Acquisition of Passport’s standard logistics capabilities expected to expand Global-e’s shipping offerings and improve the post-purchase experience for merchants and shoppers
Global-e Online Ltd., the global e-commerce enablement platform, announced that it has completed its acquisition of Passport Global Inc. (“Passport”), a US-based cross-border e-commerce logistics and solutions company.
As previously announced, the acquisition of Passport is expected to further strengthen Global-e’s logistics capabilities, adding advanced standard shipping solutions powered by an efficient, asset-light, multi-carrier network across cross-border, domestic, and last-mile deliveries. The capabilities and network from Passport will also enhance Global-e’s ability to execute direct injection and consolidated returns, supporting the delivery of scalable and cost-effective logistics solutions.
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In addition, through the Passport brand, Global-e will provide a non-Merchant of Record (non-MoR) solution to address and provide support for certain merchant segments.
“We are delighted to officially welcome the Passport team into Global-e,” said Nir Debbi, President of Global-e. “This is a team of exceptional people who have built a differentiated logistics business, and their expertise is a natural extension of our platform. By bringing Passport’s advanced cross-border logistics infrastructure and asset-light, multi-carrier network together with our end-to-end platform, we can deliver more reliable and cost-effective shipping, faster delivery, and a better post-purchase experience, creating real, tangible value for our merchants and their customers around the world. We believe this combination will further differentiate Global-e’s platform and reinforce our position as the leading enabler of global e-commerce.”
“Officially joining Global-e marks an exciting new chapter for Passport,” said Alex Yancher, Founder and CEO of Passport. “We built Passport to simplify and optimize cross-border logistics, and becoming part of Global-e allows us to pursue that mission at a far greater scale. Global-e’s resources, expansive platform, and deep e-commerce expertise will allow us to accelerate growth, unlock meaningful operational efficiencies, and bring even greater value to merchants and shoppers worldwide. I am thrilled that we will be able to combine our capabilities with everything that Global-e brings to the table to help drive the next phase of innovation in cross-border e-commerce.”
As announced on May 26, 2026, the $350 million deal was funded via approximately equal portions of cash on hand and ordinary shares of Global-e. An additional contingent consideration of up to $75 million is subject to Passport achieving certain financial results in 2026.
Passport’s founder and CEO Alex Yancher has joined the Global-e executive management team as the CEO of Passport, a division of Global-e.
The Company will update its 2026 outlook to include the impact of the Passport acquisition on its Q2 2026 earnings call, which is expected to take place in August.
