ChannelAdvisor Corporation authorizes a Buyback Plan.

Channeladvisor Corporation is a provider of cloud-based e-commerce solutions. Its platform allows brands and retailers to connect, market, sell, fulfill, and optimize their e-commerce operations . Its connect platform includes integrations, product catalog, and product matching. Its market platform includes product content management and optimization, digital marketing management, and shoppable media solutions for digital campaigns. The Company's sell platform includes inventory quantity and listing management, pricing automation, and shoppable media solutions for brand sites. Its fulfill platform includes order management automation, shipping management, dropship fulfillment, and custom fulfillment connections. Its optimize platform includes direct-to-consumer channel performance and digital shelf analytic. It provides platform modules, such as marketplaces, digital marketing, shoppable media, and brand analytics. It serves customers across a range of industries and geographies.