DLA Piper has advised e-commerce platform Ecwid on obtaining regulatory clearance from the Federal Antimonopoly Service of Russia for its acquisition by Lightspeed.
According to DLA Piper, "the combination of Lightspeed and Ecwid will help merchants reach shoppers where they are, whether on social media or digital marketplaces, ushering in newfound selling flexibility and omnichannel experiences."
Founded in 2009, Ecwid provides access to e-сommerce technologies for small businesses and enables operating multiple online stores on their website, social media channels, and mobile devices. According to the firm, Lightspeed is a one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences.
DLA Piper’s team was led by Partner Denis Gavrilov and included Senior Associate Azamat Abdulmenov.
