Latest news with #Parcel
CairoScene
26-02-2025
- Business
- CairoScene
Bahrain-Based Parcel Expands Smart Delivery Services to Saudi Arabia
Parcel is now expanding to Riyadh with a tech-driven platform that connects businesses to on-demand drivers. Feb 26, 2025 Parcel, a company in the Hope Ventures portfolio, has announced its expansion into Saudi Arabia after extending its delivery services to over 3,000 businesses in Bahrain. Founded in 2019, Parcel connects businesses to a network of on-demand drivers via its digital platform, providing a more cost-effective solution for companies that want to avoid managing their own fleets or hiring full-time drivers. 'In Riyadh, we're taking the first step in bringing our solutions to a new market,' Ali Dhaif, CEO of Parcel, said. 'Our goal is to provide businesses with the tools to streamline their delivery operations while cutting down on overhead costs.' Since launching, the Bahrain-based startup has completed over 1.5 million deliveries, helping businesses reduce costs and simplify logistics. As e-commerce and the demand for faster deliveries continue to grow across the region, more businesses are looking for flexible delivery solutions. The last-mile delivery market in Saudi Arabia has been experiencing significant growth, driven by the expansion of the e-commerce sector and increased trading activities. In 2020, the market was valued at approximately $285.3 million and is projected to reach $520.9 million by 2030, registering a compound annual growth rate (CAGR) of 6.3% from 2021 to 2030. This growth presents a substantial opportunity for logistics companies like Parcel to offer new delivery solutions in the region.
Zawya
24-02-2025
- Business
- Zawya
Bahrain's digital logistics platform Parcel enters Saudi market
Parcel, a Hope Ventures portfolio company that has revolutionised delivery services for 3,000 businesses in Bahrain, has announced its expansion into Saudi Arabia. Parcel offers businesses a smart alternative to hiring full-time drivers or managing delivery fleets. Through its digital platform, the company connects businesses to a network of reliable on-demand drivers, providing a more cost-effective and efficient solution than traditional delivery methods, said a statement from the company. Since its launch, Parcel has been instrumental in supporting Bahrain's local businesses by simplifying their delivery operations, helping them grow, and saving costs. The platform's success in completing over 1.5 million deliveries highlights its reliability and the strong demand for its tech-driven logistics solutions, said its top official. "Our mission has always been to empower businesses with simple, tech-driven solutions. By entering Riyadh, we're taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction," reamrked its CEO Ali Dhaif. "Through parcel, businesses can access an extensive network of driver on-demand avoiding the need to hire and manage their own fleets. It is an easy-to-use platform that is tailored to support businesses of all sizes in their growth journey," he added. Fajer Alpachachi, General Manager of Hope Ventures, said: "I'm thrilled about Parcel's entry into the KSA market. The company has demonstrated remarkable growth and traction since our initial investment, which is a testament to the founders' exceptional capabilities and the strong strategic support they have received from their shareholders." "This investment highlights Hope's pivotal role in accelerating business expansion into new markets, fostering regional success stories," she added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Yahoo
21-02-2025
- Business
- Yahoo
Parcel: Bahrain's Leading Digital Logistics Platform Expands to Riyadh
MANAMA, Bahrain, Feb. 21, 2025 /PRNewswire/ -- Parcel, a Hope Ventures portfolio company, is excited to announce its expansion into Riyadh, Saudi Arabia. This milestone marks a major achievement for the company, which has revolutionized delivery services for over 3,000 businesses in Bahrain and completed more than 1.5 million deliveries for small businesses and restaurants. Parcel offers businesses a smart alternative to hiring full-time drivers or managing delivery fleets. Through its digital platform, Parcel connects businesses to a network of reliable on-demand drivers, providing a more cost-effective and efficient solution than traditional delivery methods. Ali Dhaif, Chief Executive Officer of Parcel, said: "Our mission has always been to empower businesses with simple, tech-driven solutions. By entering Riyadh, we're taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction." He further added: "Through parcel, businesses can access an extensive network of driver on-demand, avoiding the need to hire and manage their own fleets. It is an easy-to-use platform that is tailored to support businesses of all sizes in their growth journey." Fajer Alpachachi, General Manager of Hope Ventures, said: "I'm thrilled about Parcel's entry into the KSA market. The company has demonstrated remarkable growth and traction since our initial investment, which is a testament to the founders' exceptional capabilities and the strong strategic support they have received from their shareholders. This investment highlights Hope's pivotal role in accelerating business expansion into new markets, fostering regional success stories." Since its launch, Parcel has been instrumental in supporting Bahrain's local businesses by simplifying their delivery operations, helping them grow, and saving costs. The platform's success in completing over 1.5 million deliveries highlights its reliability and the strong demand for its tech-driven logistics solutions. Parcel's expansion to Riyadh reflects Bahrain's vision of exporting successful ventures and Bahraini talent to regional markets. With strong government support, advanced infrastructure, and a thriving entrepreneurial environment, Bahrain has become a hub for Startups expanding across the region. Parcel is proud to showcase Bahrain's competitiveness on this journey. Photo: View original content to download multimedia: SOURCE Hope Ventures Sign in to access your portfolio
Yahoo
18-02-2025
- Business
- Yahoo
Morrisons Partners with Quadient for Convenient Parcel Delivery at its Morrisons Daily Stores
Parcel Pending by Quadient Open Network Locker at Morrisons Daily in UK Paris Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announced a new partnership with Morrisons. The partnership will see Parcel Pending by Quadient parcel lockers installed at 230 Morrisons Daily stores by spring 2025. All of Morrisons circ. 1,000 wholly owned Morrisons Daily convenience stores have a parcel solution offer and this new partnership will enable consumers to pick up and return parcels securely from Royal Mail, Evri, DPD and UPS. Michael Weightman, Convenience Trading Director at Morrisons, said, 'Customers have told us that they want a broader range of services when it comes to parcel pickups and returns so we're delighted to be expanding the options available at our Morrisons Daily stores via this partnership with Quadient.' Quadient's consumer research shows that people appreciate the positive impact businesses make by hosting lockers, for instance reducing traffic on local roads by decreasing the volume of delivery van journeys. The research also uncovered a tangible benefit for retailers; when visiting lockers hosted at stores, more than half of consumers make additional purchases. 'Our lockers seamlessly integrate into people's daily routines, making parcel pickup and drop-off more convenient than ever. This partnership with Morrisons Daily will enhance accessibility for communities across the UK,' said Katia Bourgeais Crémel, Director, Lockers Automation for Europe at Quadient. 'Our vision is to build an open, carrier-agnostic locker network that provides consumers with greater flexibility and retailers with new opportunities to engage customers—driving footfall, enhancing the shopping experience and boosting in-store sales.' Quadient's secure parcel lockers automatically notify customers when parcels are ready for collection, providing a pickup code and barcode customers use to open the secure locker compartments. Customers returning items may use the lockers' built-in label printer, meaning they may send items back even if they don't have a printer at home. Quadient continues to expand its locker network across key markets in the U.S., Japan and Europe. With more than 25,000 units now installed worldwide, the company continues to progress toward its long-term goal of deploying 40,000 units globally by 2030. Learn more at About Morrisons Morrisons has a rich history that dates back to 1899 when William Morrison first opened an egg and butter stall in Bradford. 125 years on, customers continue to enjoy our great quality British food and our Market Street heritage is clear to see in our c. 500 stores where skilled colleagues such as our butchers, fishmongers, and bakers proudly make and serve customers fresh food every day. As well as our supermarkets, we also have 1,600 Morrisons Daily convenience stores—around 600 of which are franchise stores—and an online delivery service where our customers can order their groceries from the comfort of their own home and have them delivered by us or one of our partners including Amazon, Deliveroo and Just Eat. We also have our own manufacturing business - Myton Food Group - spread across 18 sites where we pack and process fresh meats and fish, savoury and sweet pies, fruit and veg, flower bouquets, bread and more. As a result, we're proud to be British farming's single biggest direct customer. Our wholesale business serves customers across the UK and further afield through our extensive network of national and regional distribution depots. About Quadient®Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit Quadient UK press contact: Dominic Walsh, Spark Communications +44 (0)20 7436 0420 or quadient@ Attachments Morrisons Daily - Quadient Open Locker Network - EN Parcel Pending by Quadient Open Network Locker at Morrisons Daily in UK
Trade Arabia
17-02-2025
- Business
- Trade Arabia
Bahrain's digital logistics platform Parcel expands to Riyadh
Parcel, a portfolio company of Bahrain-based Hope Ventures, has announced its expansion into Riyadh, Saudi Arabia. This marks a major achievement for the company, which has revolutionised delivery services for over 3,000 businesses in Bahrain and completed more than 1.5 million deliveries for small businesses and restaurants. Parcel offers businesses a smart alternative to hiring full-time drivers or managing delivery fleets. Through its digital platform, Parcel connects businesses to a network of reliable on-demand drivers, providing a more cost-effective and efficient solution than traditional delivery methods. Ali Dhaif, Chief Executive Officer of Parcel, said: 'Our mission has always been to empower businesses with simple, tech-driven solutions. By entering Riyadh, we're taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction.' He further added: 'Through parcel, businesses can access an extensive network of driver on-demand avoiding the need to hire and manage their own fleets. It is an easy-to-use platform that is tailored to support businesses of all sizes in their growth journey.' Fajer Alpachachi, General Manager of Hope Ventures, said: 'I'm thrilled about Parcel's entry into the KSA market. The company has demonstrated remarkable growth and traction since our initial investment, which is a testament to the founders' exceptional capabilities and the strong strategic support they have received from their shareholders. This investment highlights Hope's pivotal role in accelerating business expansion into new markets, fostering regional success stories.' Since its launch, Parcel has supported Bahrain's local businesses by simplifying their delivery operations, helping them grow, and saving costs. The platform's success in completing over 1.5 million deliveries highlights its reliability and the strong demand for its tech-driven logistics solutions, the company said. Parcel's expansion to Riyadh reflects Bahrain's vision of exporting successful ventures and Bahraini talent to regional markets. With strong government support, advanced infrastructure, and a thriving entrepreneurial environment, Bahrain has become a hub for Startups expanding across the region. Parcel is proud to showcase Bahrain's competitiveness on this journey, it added. – TradeArabia News Service
