Shutterfly to Acquire Spoonflower for $225 Million

Durham e-commerce startup Spoonflower, which sells custom fabric and runs a marketplace for designers, has been bought by Shutterfly in a deal worth $225 million.

The sale comes after Spoonflower saw record growth during the pandemic, as consumers chose to shop online instead of in-person and more people turned to crafting while stuck at home.

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