Shopmatic acquires 5xRuby, aims global expansion

Shopmatic, a e-commerce technology company, has acquired Taiwan-based Ruby on Rails‘ technology firm, 5xRuby. The acquisition will fuel Shopmatic’s international market expansion plans and help the company provide its customers a streamlined experience backed by the latest technology stack and a platform development team, the company said in a statement. With this acquisition, Shopmatic will continue to bring innovative and disruptive solutions to the markets with an emphasis on simplicity and ease of use. Founded in 2014, 5xRuby has been at the forefront of building the Ruby developer community in Taiwan by being the lead evangelists for the region. The company claims to caters to high tech clients from Japan, Hong Kong & Taiwan developing web and mobile applications.
Commenting on this acquisition, CEO of Shopmatic Group, Anurag Avula said, “We are delighted with our partnership with 5xRuby. This acquisition will not only enable us to strengthen our stance as the leading platform that enables businesses to go online, but also to scale and enter new markets at a faster pace. We welcome the 5xRuby team into the Shopmatic family and are excited with the opportunity of working with a world class development team.”
Shopmatic believes that their customers require no technical knowhow as they leverage the latest technologies to make it easy for anyone who intends to take their business online. Speaking on this partnership with Shopmatic, Eddie Kao said, “We at 5xRuby endeavor to deliver robust & new age solutions to our clients and train enterprises and startups in developing advanced applications.
“We are excited to team up with Shopmatic to strengthen its online platform with our elegant, fun and productive language so that their merchants can focus on growing their business. Getting onboard with a global company like Shopmatic will be a great opportunity for us to grow and set foot in the international markets as well.” Eddie added
5xRuby is the brainchild of Eddie Kao who is an expert Ruby / Rails and iOS App Developer. Eddie Kao, Mu-Fan Teng and Alice Chao are the co-founders of 5xRuby and are the organizers of the Ruby Taiwan community.

Kanchana Arandhara

I am a copy editor who envisions writing as a medium to reach the masses. After working on a variety of domains that also included hard news and start-ups, I now want to explore the ambit of the tech

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