Delivery management platform provider Bringg and on-demand logistics platform Stuart have partnered in five countries – UK, France, Italy, Poland and Spain.
This collaboration is expected to give more retailers the ability to optimize their delivery networks and offer more flexible and convenient delivery options. The partners claim that due to high consumer expectations and a fragmented supply of delivery providers, brands are compelled to collaborate with last-mile solution providers to stay competitive, particularly in the European market, where revenue is expected to grow at a staggering compound annual growth rate (CAGR) of 10.24% through 2027 with an estimated market value of US$58.08bn.
Damien Bon, CEO of Stuart, said, “We are excited to continue working with Bringg, now at an even greater capacity, to provide cutting-edge and flexible delivery solutions to retailers across the five regions. Our mission is to transform the way consumers receive their goods by connecting all aspects of the supply chain including businesses, delivery providers and customers. And Bringg will without a doubt help us take a major leap forward toward reaching this goal. The extension of our partnership with Stuart is a testament to our commitment to serving and transforming the European last-mile delivery market.”
Guy Bloch, CEO of Bringg, said, “Together we can enable retailers to scale their delivery capacity while protecting their profit margins. This combination of scale and efficiency is critical, especially now, in light of the economic uncertainty and continuous supply chain disruptions. It further solidifies our goal to make delivery and fulfillment easily accessible and valuable to everyone.”