Amazon Has Acquired Australia-based Shopify Competitor Selz

Amazon.com Inc. has acquired Selz, a Sydney-based e-commerce platform that helps small businesses create their own websites much the way Shopify Inc. does.

Selz founder and Chief Executive Officer Martin Rushe announced the acquisition in a blog post: “We have signed an agreement to be acquired by Amazon and are looking forward to working with them as we continue to build easy-to-use tools for entrepreneurs. Nothing is changing for our customers at this time, and we’ll be in touch with customers as and when we have further updates.”