HUBBED has acquired Parcelpoint. The acquisition makes HUBBED Australia’s largest alternative delivery option.
HUBBED boasts over 2,200 local Pick-Up-Drop-Off (PUDO) locations. Combined with Parcelpoint’s 1,400 locations, this expands HUBBED’s national network to over 3,000 points across Australia.
“We are delighted to welcome Parcelpoint’s customers and partners into HUBBED’s eco-system. This strategic acquisition enables HUBBED to continue to deliver on its promise of a true national alternative network for customers, retailers and logistics,” David McLean, founder and CEO of HUBBED said. “We want to be able to offer customers the convenience, choice and control they are looking for around online shopping and parcel shipping. Carriers and retailers will be able to benefit from the acquisition by increased efficiencies with a new extended coverage.”
According to McLean, the Parcelpoint acquisition is a part of HUBBED’s expansion efforts. HUBBED has operated in Australia since 2014. In recent years, it launched in New Zealand, Singapore, Hong Kong, Taiwan, and The Philippines, and announced plans to take on a further four markets before Q2 next year. This year the company received an investment from the Australian Business Growth Fund in recognition of its innovative and disruptive business model, and to support its scale up strategy. According to David McLean this has been critical to HUBBED’s ability to make strategic investments such as Parcelpoint.
The HUBBED network includes independent retail locations and partnerships with Pack and Send, BP, WOTSO and National Storage. Supports retailers such as eBay, The Iconic, Foxtel, Mosaic Brands, Myer, SHEIN, Wish and ZARA. HUBBED services carriers include DHL, TEAM GLOBAL EXPRESS, Couriers Please, SEKO, Sendle, Fedex and UPS.
While there is some overlap between the companies, Parcelpoint has some new PUDO point partners for HUBBED’s expansion including, Style tread, ASOS, Noni B, Ozsale, Myer, and Glassons.
Founded in 2011 from the frustrations of missed deliveries, Parcelpoint’s vision is “a world where people are more connected with each other, and their local communities. Where we work together, as neighbours, to help each other.”
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