As per the latest reports, Printful Inc. acquires Printful.com for $100,000 to establish and strengthen their brand in the global print industry.
Davis Siksnans – CEO of Printful.com said,”Incorporating Printful is a step toward our goal of going public on the U.S. stock exchange by 2020 and will help us raise investment capital. We decided to change our domain (name) to better build our brand – we’re Printful, not The Printful, and our domain name needs to reflect that”.
They chose to register company in Delaware because of flexible corporate practices in the state and shareholder-friendly laws.
Printful used to operate on ThePrintful.com domain name earlier and now joins likes of Facebook, Apple, PayPal, and other notable companies which have experienced similar domain name change in the past.
It was founded in the year 2013 under the Draugiem Group known for producing high-quality software solutions. The company has grown exponentially year over year evver since. Today, Printful boasts of over 11,000 active ecommerce users (retailers), provides over 200 product variations, and they have over 300 employees globally.
The leading print-on-demand dropship company for ecommerce retailers, Printful prints and ships printing products around the world. It’s custom API along with direct integration into popularly used ecommerce platforms helps automate the online ordering process. Printful have fulfillment centers in North Carolina and California, while its head office is located in Latvia, Europe.