Slowing economy indicates tougher times for e-businesses. Reaching customers at optimal costs is likely to become increasingly difficult, especially for marginalized small businesses. Therefore, PHH Group, the largest e-commerce company in the Baltics, which owns Pigu.lt, 220.lv, Kaup24.ee, and other brands, has decided to cooperate with Venipak, an international parcel company. This partnership will aim…
Lithuania, Latvia and Estonia are three countries that are often pronounced in one breath, treating them as a certain kind of ‘three-state country’. It’s no coincidence that the Baltic market is referred to as one organism, the countries living in one economic symbiosis. It is an area with a population of more than 6 million…
Lithuanian-owned international parcel delivery company Venipak has acquired Strengholt Entertainment BV, an e-commerce wholesaler based in the Netherlands and active throughout Europe. Among the suppliers and brands represented by the circa EUR 50 million turnover company are „Universal Music“, „Lego“, „L’Oreal“, „Disney“, „Mattel“ and others. This transaction is expected to form the basis for the…
There are many signs that the Baltic e-commerce market will be closely observed by Polish e-entrepreneurs. Polish expansion into the Lithuanian, Latvian and Estonian online sales sectors is to be expected in the coming years. While Estonia stands out from among the Baltic states, as its residents are as eager as Europeans to buy online…
The dynamic and exceptionally responsive Baltic e-commerce market is gaining momentum each year. New technologies, cyber-solutions and marketing strategies contribute to the effectiveness of implemented e-campaigns, and so does the ability to react, be vigilant, test or analyse ongoing activities. Every year, serious studies are being conducted regarding current industry trends, news worth weaving into…
Lithuanian-owned international parcel company Venipak opens its first efulfillment warehouse in Poland. The development in a country with 28 million online shoppers is expected to improve the service quality and further strengthen the company’s position in the Baltics while opening up new business opportunities and a window to Europe for its customers. Connecting the…
The turnover of the international parcel delivery company Venipak grew by 19% in 2022. The company increased its customer base and adapted to the consumer habits that were changing during the year. Venipak, which provides parcel delivery, efulfillment and air freight services in the Baltic States, grew its turnover by 18% in Lithuania, 28% in…
We are thrilled to announce that we are taking a huge step forward in the e-commerce logistics industry with the opening of our new fulfillment center in Warsaw. This new addition to our network is a major milestone for us and a significant benefit for our current and potential clients who want to enter the…
International parcel delivery company Venipak has started expanding its network of parcel machines in Estonia. Until now, the company has provided a door-to-door delivery service in the country. The number of Venipak parcel machines in the Baltic States is expected to reach 600 within the next year. The parcel delivery company will become the first…
Every year, some shoppers meet the festive season without having received the Christmas presents they bought. When shopping online, we often don’t think about the long journey goods make from the e-shop to the recipient. So what can we do to make sure our purchases arrive on time, and how can we avoid the other,…