Royal Mail acquires Storefeeder
Royal Mail have just announced that they’ve purchased multichannel management solution StoreFeeder.
StoreFeeder built Royal Mail’s consumer and small business shipping tool, Click and Drop, which was launched in October 2014.
As well as allowing consumers and small businesses to ship with Royal Mail within a few clicks, Click and Drop enables eBay sellers to integrate their accounts and buy and print postage labels without manually inputting the address of each individual buyer. Click and Drop now also offers Paypal as a payment method in addition to credit and debit cards.
Royal Mail say that the purchase of StoreFeeder will support their ongoing efforts to enable customers of all sizes to connect and ship parcels easily through online tools and APIs.
Nick Landon, Managing Director of Royal Mail Parcels, said: “Having successfully developed and launched our new shipping tool which has worked very effectively through the busy Christmas period, the acquisition of StoreFeeder was a clear strategic choice. I’m delighted that we will now be able to accelerate the development and release of even more tools to make shipping parcels with Royal Mail easier and more convenient.”
The news has only just broken and we’ve put in a call to StoreFeeder to find out more and will have a conversation later in the week to discuss how this will benefit their existing customers and what it means for the company as a whole.
In the mean time they told us “The StoreFeeder team are delighted with the acquisisition and are keen to assure all current customers that it’s business as usual”.
Congratulations to all the guys at StoreFeeder!