Royal Mail buys stake in e-commerce start-up

Royal Mail buys stake in e-commerce start-up

Royal Mail has bought a stake in the Australian e-commerce technology start-up company, Market Engine Global. Market Engine produces technology that enables businesses to manage online shop fronts in global marketplaces such as Tmall Global. This includes providing localised online shop front designs, with translation into the local language, as well as integration with real-time business management and analysis systems, including inventory, reporting and sales analysis. The company also creates custom-built online marketplaces.

In a statement issued today (7 September), Royal Mail said that the investment in Market Engine forms part of its “continued focus on digital innovation and building its e-commerce capability”. As previously reported, Royal Mail has this year bought  personal shopping app developer Mallzee and also Storefeeder, which provides order management, stock control, smart warehousing and courier integration for web merchants. 

Nick Landon, Managing Director of Royal Mail Parcels, said: “I’m excited to announce our investment in Market Engine. We think we can leverage our scale and expertise to help Market Engine expand and accelerate its entrance into new markets, while identifying opportunities to incorporate its technology solutions within Royal Mail’s existing operations.”

 

 

Relevant Directory Listings

Listing image

KEBA

KEBA is an internationally successful high-tech company with headquarters in Linz (Austria) and subsidiaries worldwide. KEBA is active in the three operative business areas: Industrial Automation, Handover Automation and Energy Automation. The company has been developing and producing for more than 50 years according to […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This