News > Instabox and Budbee Planning to Merge in $1.7 Billion Merger
Instabox and Budbee Planning to Merge in $1.7 Billion Merger
![](https://techstory.in/wp-content/uploads/2022/09/instabo.png)
Tech Story | 19/09/2022 10:57 PM | Click to read full article
According to recent reports, Swedish companies namely Instabox and Budbee are planning to merge in a $1.7 billion deal. Both the companies, Instabox and Budbbee offer their services to many big firms in the market which include the popular clothing store, H&M.
Together their values come out to be 1.7 billion as Instabox recently reached the valuation of 1 billion whereas Budbee is valued at 700 million.