UPS has announced it has acquired U.S.-based
international e-commerce enabler and logistics company i-parcel, LLC. The
acquisition complements UPS’s international cross-border logistics capabilities
from the U.S. and U.K., to over 100 countries.
“UPS continues to
look ahead to the expanding worldwide demands in the ever-growing global
e-commerce market,” said Alan Gershenhorn, UPS executive vice president and
chief commercial officer. “According to a Paypal study cross-border e-commerce
will reach $105 billion this year and by 2018 will exceed $300 billion with 130
million cross-border online shoppers. UPS continues to invest in capabilities
that enable its e-commerce merchants to meet the growing global demand.”
“i-parcel has been an international bridge
linking U.S. and U.K. merchants to global e-commerce consumers throughout the
world and our team is excited to join with UPS to further globalize
e-commerce,” said Will Gensburg, i-parcel’s CEO, who will remain with the
company.
i-parcel Global
e-Commerce merchants connect to over 100 million global shoppers with an
integrated platform that provides a localized look and feel on the respective
merchant’s website. The i-parcel platform supports merchant’s websites with a
local language welcome mat, fraud protection, fully-landed total prices
(including customs duties and taxes) in local currency and numerous value
enhancing features. These
features enable consumers in over 100 countries to shop online in the U.S. and
U.K. as if they were shopping in their own country. i-parcel also provides
low-cost deferred international transportation facilitating higher shopper
conversion for merchants on lower-value goods. The combined software and
transportation solutions allow merchants in the U.S. and U.K., two of the
largest e-commerce markets, to reach a broader international consumer base
without expanding their footprint
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