InPost Group, Vinted launch European ecommerce delivery partnership
InPost Group, the leading European ecommerce delivery provider, signed a five-year partnership agreement with Vinted, Europe’s largest online consumer-to-consumer marketplace dedicated to second-hand fashion, becoming one of Vinted’s shipping partners across Europe. The service will be provided under the InPost brand in the UK, Poland and Italy, and Mondial Relay in France, Belgium, the Netherlands, Portugal and Spain.
The agreement will leverage InPost’s extensive cross-border network of 35,000 out-of-home delivery sites, offering Vinted members an economical, convenient option that lets them receive their purchases at a time that suits them, rather than waiting at home to receive parcels. In addition to the cost savings over home delivery, shipping to the company’s Automated Parcel Machine (APM) lockers and other locations reduces CO2 emissions by as much as two-thirds in cities compared to door-to-door services,
“This is our first pan-European delivery partnership, involving all eight markets where we’re present, and we’re confident that this is just the beginning,” said InPost CEO Rafał Brzoska. “Our agreement with Vinted proves that InPost has the scale and the skills to be a strategic out-of-home delivery partner for companies operating on markets across Europe, with a particular focus on out-of-home services. We are happy to be part of Vinted’s shipping solution.”
Vytautas Atkočaitis, Shipping Director at Vinted, said: “As a business focused on giving our members great choices about how to send and receive packages, with a particular focus on PUDO and locker options, we’re pleased to continue our successful partnership with InPost and Mondial Relais in multiple markets in Europe.”
Vinted is the largest online consumer-to-consumer marketplace in Europe dedicated to second-hand fashion with more than 50 million members in 13 European countries, as well as in the US and Canada.
InPost (AEX: INPST) is Europe’s leading e-commerce platform. Founded in Poland by Rafał Brzoska in 1999, InPost has a network of more than 20,000 parcel lockers in Poland, the UK and Italy, and also provides courier and fulfilment services for more than 40,000 e-commerce merchants in Poland.
Strategically positioned in the fast-developing e-commerce ecosystem, InPost is benefitting from positive market trends, allowing it to expand its network rapidly.
InPost’s Automatic Parcel Machine lockers provide consumers with a low-cost, flexible, convenient, touch-free delivery option that’s the most environmentally friendly solution for e-commerce deliveries: sending parcels to InPost lockers cuts CO2 emissions by two-thirds compared to door-to-door deliveries in urban areas, and by as much as 90% in rural areas. It also reduces traffic, and provides a solution for consumers to receive packages 24 hours a day, 7 days a week, without needing to wait at home for deliveries.
InPost’s highly efficient IT infrastructure and rapid implementation of new technologies provides a solid foundation for its operations and development. InPost’s mobile application is one of the most popular apps in Poland.
The company’s shares debuted on Euronext Amsterdam in January 2021.
In July 2021 InPost completed the acquisition of Mondial Relay, the leading French out-of-home parcel delivery provider, which operates in France, Benelux and the Iberian peninsula, making the Polish company Europe’s largest e-commerce delivery platform. In 2021 InPost and Mondial Relay delivered a total of more than 517 million parcels.
Companies In This Post
- Serial scale-up CFO Ruth Jakobsen joins Flagstone to support saving platform’s high-growth fintech strategy Read more
- Financial gap widening – financially vulnerable people are twice as likely to end up in debt when taking out new credit products as they risk falling further behind Read more
- Catawiki and Cover Genius team up to ease global shipping of special objects Read more
- Investing Platform Public Expands Fixed Income Offering with the Launch of Corporate and Treasury Bonds Read more
- Fintech Frontier: Fideum Flourishes with Mastercard’s Finitiv Award Read more