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Sorted's Acquisition: From Success to Struggle
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Manchester-based Sorted, a deliverytech platform, is being acquired by AIM-listed Location Sciences in a reverse takeover for £66.73. The company, founded in 2010, experienced significant success during the Covid-19 e-commerce boom but faced post-pandemic economic challenges and lack of profitability, leading to its acquisition.
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How might the acquisition of Sorted impact the competitive landscape in the deliverytech industry?
In what ways could the acquisition of Sorted reflect broader trends in the e-commerce sector?
What strategies could Sorted have employed to overcome the challenges it faced post-pandemic?
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