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ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company that specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same-day delivery and e-commerce integration. The Company offers logistics management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.


CSE:PKG - Post by User

Bullboard Posts
Comment by MSvantonon Dec 05, 2017 1:56pm
102 Views
Post# 27095107

RE:RE:this is done!

RE:RE:this is done!
Heikogs wrote: LOL,seems like there is no news.  Not sure where all this information came from regarding Amazon deal.  One would think it would have been released news already,, especially if Parcelpal was already delivering.  Not bashing but really beginning to wonder what is transpiring here.


News;

ParcelPal records 3,000 app downloads
2017-11-25 02:13 ET - News Release
Mr. Kelly Abbott reports
PARCELPAL ANNOUNCES OVER 3000 USER DOWNLOADS ON THE PARCELPAL APPLICATION
ParcelPal Technology Inc. has released the results of the ParcelPal application downloads for the months of October and November. The application now has over 3,000 downloads in total.
Unlike other delivery models in Canada, ParcelPal supports digital orders directly through the app and does not require customers to phone the company to place or complete an order. ParcelPal has made strides in its technology with the ultimate goal of enabling customers the ability to order virtually anything from anywhere in their city. With multiple restaurant partners on the ParcelPal platform, the service currently covers the metro Vancouver area with more areas throughout the Lower Mainland to come throughout the winter, including: Kitsilano, east Vancouver, Mount Pleasant and North Vancouver.

These 3,000 downloads prove the concept of ParcelPal and prove that there is an unfulfilled need for these services. ParcelPal currently has a good balance of new and repeat users for its first four months of operation, which demonstrates that the app is achieving repeat customers and regular use, even at such an early stage.

The on-line food delivery is a rapidly growing market within a $600-billion (U.S.) restaurant industry. Currently disrupting traditional forms of delivery due to the rise of popular mobile ordering, the U.S. food delivery market alone accounted for over $210-billion of restaurant revenue in the last year, of which $11-billion was exclusively through on-line ordering. This provides ParcelPal with a total addressable market for the Canadian on-line food delivery market, which is estimated at $7-billion (Canadian).

President and chief executive officer Kelly Abbott stated: "Since July, we have made over 2,000 deliveries on our platform in Vancouver. We are very excited to add more delivery verticals to offer our customers more options for their on-demand needs. We plan on expanding our restaurant offerings and expanding our zones to the Greater Vancouver Area in the coming months to fulfill the demand. In addition to this, we will be fully rolling out alcohol delivery exclusively to our metro Vancouver customers in the next few weeks."

The app now has food, and is expected to add grocery, alcohol other everyday goods, and a get-anything functionality, where consumers can order virtually anything and have it delivered in an hour or less. Additionally, the company has signed a work order contract with Amazon Inc. for fulfilment services. Further details of this will be released in the coming weeks.
ParcelPal's restaurant partners are engaging the company for delivery service in increasing numbers. To learn more about ParcelPal's restaurant partnership program, contact info@parcelpal.com.

About ParcelPal Technology Inc.

ParcelPal is a technology-driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and, through the ParcelPal technology, receive their purchased goods within an hour. The company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canadawide.
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