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Home Blog Automattic buys WooCommerce
Automattic buys WooCommerce

stuartinfiji May 21, 2015

Automattic buys WooCommerce

Automattic, the company behind WordPress.com, is buying WooCommerce, a popular e-commerce platform built on WordPress with over $1 million in monthly recurring revenue.

Automattic chief and WordPress creator Matt Mullenweg announced the deal today, but declined to share the terms of the deal.

Here’s what we know: WooCommerce’s 55 employees are joining Automattic, WooCommerce is currently profitable, and there are no plans (yet) for WooCommerce’s plug-and-play e-commerce service to land on the for-profit WordPress.com.

It’s noteworthy that WooCommerce competes with e-commerce platforms like Shopify (which is going public) and Squarespace.

 

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