Imperial logistics, listed in the Johannesburg Stock Exchange, has acquired Parcelninja, a South African e-commerce logistics country. Imperial revealed the details of this acquisition on an interim basis for the first 6 months ending 31 December 2020. There was a 15% increase in revenue allocation to R26.4-billion.
In a statement, Justin Drennan, the CEO and co-founder of Parcelninja expressed his opinion. Acquisition of Parcelninja provides specialized distribution management and warehousing management in e-commerce to both informal markets and the consumers. Parcelninja offers solutions in B2C and B2B channels through the informal market while supported by the top management.
IT and marketing guys running e-commerce shops wouldn’t spend too much time packing boxes or writing white labels for couriers.
Source article: TechCentral