“Small businesses around the world are struggling to survive in the rapidly changing environment,” said Alex Chriss, executive vice president of QuickBooks, which counts 7 million small firms as its customers for processing payroll, managing capital and receiving payments. “Integrating TradeGecko’s capabilities into QuickBooks Online will give our small business customers new paths to growth.”
Intuit Inc. has agreed to acquire TradeGecko, a Singapore-based inventory and order management software platform for small retailers and wholesalers in more than 100 countries.
The Mountain View, California-based company will integrate TradeGecko’s system into its QuickBooks accounting suite to help sellers manage their orders and inventory, according to a blog post. The transaction is expected to close in September.
