Intuit is excited to announce that we have entered into an agreement to acquire TradeGecko, the inventory and order management platform that makes omni-channel commerce easy for small businesses. Integrating QuickBooks’ suite of financial, payment, reporting and accounting tools with TradeGecko’s robust inventory and order management system will help product sellers run and grow their business, all on one powerful platform. The transaction is expected to close in September 2020.
“Small businesses around the world are struggling to survive in this rapidly changing environment,” said Alex Chriss, EVP and GM of QuickBooks. “The need for a single tool that can reduce operational complexity for product-based businesses is acute. Integrating TradeGecko’s capabilities into QuickBooks Online will give our small business customers new paths to growth.”
“We couldn’t pass up the opportunity to join the Intuit team,” said Cameron Priest, co-founder and CEO of TradeGecko. “Our mission is to enable entrepreneurs to build the business of their dreams, and partnering with QuickBooks will allow us to empower millions of small businesses.”
Incorporating TradeGecko’s robust inventory and order management capabilities into QuickBooks Online will allow QBO customers to launch and manage products across multiple online and offline sales channels, manage orders and inventory fulfillment from multiple channels and across multiple inventory locations, synchronize inventory across online and offline channels, avoid stock-outs and access real-time insights.
Founded in 2012 by CEO Cameron Priest, CTO Bradley Priest, and Carl Thompson, TradeGecko is a Singapore-based company that serves customers in more than 100 countries. Cameron and Bradley will join the Intuit team and will play integral roles in the product and team integration.
QuickBooks is a trusted partner for more than 7 million small businesses around the world. It is a global platform of integrated services that help companies get paid fast, manage capital and pay employees with confidence. When COVID-19 upended the small business community, QuickBooks used its fintech experience to help its customers obtain more than $1 billion in SBA-funded PPP loans.
