Collaborating to help small e-merchants: plans to save up to 50% on logistics costs

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…

Venipak acquires Dutch e-commerce wholesaler, opening up avenues to Amazon and other global platforms as well as major European retailers

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…

Venipak development: aims to facilitate Baltic business trade in Poland and remaining Europe

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…