News > Instabox and Budbee Planning to Merge in $1.7 Billion Merger

Instabox and Budbee Planning to Merge in $1.7 Billion Merger

According to recent reports, Swedish companies namely Instabox and Budbee are planning to merge in a $1.7 billion deal. Both the companies, Instabox and Budbbee offer their services to many big firms in the market which include the popular clothing store, H&M.

Together their values come out to be 1.7 billion as Instabox recently reached the valuation of 1 billion whereas Budbee is valued at 700 million.