Finance & Economics

Swedish parcel delivery service enters Germany

It’s the company’s latest expansion across Europe

Instabox

Swedish parcel delivery service enters Germany. Source: unsplash.com

Parcel delivery service Instabox will enter Germany in early 2022, according to Ecommerce News. The company is currently active in Sweden, Denmark, Norway, the Netherlands and now also Germany.

Instabox offers same-day delivery through its network of lockers. According to the company, it has a year-on-year annual growth of 300%. Between 2019 and 2020, its revenue grew from €6 to €24 million.

Launching in Germany is a major step for Instabox. The way we combine environmental consciousness with an effortless and speedy customer experience is something completely new on the parcel delivery market
Alexis Priftis, Founder and CEO of Instabox

The parcel deliverer is well-known for its automated parcel lockers and green home deliveries, the press release states.

The launch in Germany is planned for early 2022. Instabox will initially operate in the wider Berlin area, Hamburg, and the North Rhine-Westphalia region. The first terminals will be launched in Berlin and Dusseldorf, but Instabox is planning to expand rapidly in Germany. It wants to open more terminals quickly during 2022 to ensure a broader geographical coverage.

We’ve reported that Carrefour announced collaboration with European marketplace.

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