Tech

Amazon buys cloud startup INLT to help online marketplace merchants import goods

Key Points
  • Amazon.com Inc has bought technology startup INLT for an undisclosed amount, in a transaction that will help merchants on its online marketplace more easily import goods into the United States.
  • Seattle-based Amazon said it will offer INLT's cloud-based computing technology to its merchants.
Nikol Szymul staffs a reception desk at Amazon offices discretely tucked into a building called Fiona in downtown Seattle, Washington on May 11, 2017.
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Amazon.com Inc has bought technology startup INLT for an undisclosed amount, the company told Reuters on Tuesday, in a transaction that will help merchants on its online marketplace more easily import goods into the United States.

The firm, with around a dozen employees based in Los Angeles and Philadelphia, makes software for sellers to manage costs and customs clearance of cross-border shipments. Seattle-based Amazon said it will offer INLT's cloud-based computing technology to its merchants.

"INLT is a smart, nimble team that is helping companies simplify and lower the cost of importing goods into the U.S.," an Amazon spokeswoman said in a statement. "We're excited to work with them to develop the next generation of solutions for their customers and Amazon selling partners."

Amazon is looking to expand the services it offers merchants to add tools for complicated cross-border sales processes, which sellers largely needed to manage on their own.

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