- Gap Inc GPS has acquired e-commerce startup Drapr for an undisclosed sum.
- Drapr enables customers to quickly create 3D avatars and virtually try on clothing. Drapr helps shoppers find the size and fit they need.
- Drapr was founded by David Pastewka, Will Drevno, and Richard Berwick.
- The company held $2.5 billion in cash and equivalents as of May 1, 2021.
- Price Action: GPS shares are trading lower by 4.86% at $26.15 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
