{"id":129812,"date":"2022-10-04T11:37:37","date_gmt":"2022-10-04T11:37:37","guid":{"rendered":"https:\/\/myfintale.com\/?p=129812"},"modified":"2022-10-04T11:37:37","modified_gmt":"2022-10-04T11:37:37","slug":"global-blue-buys-majority-stake-in-shipup-terms-not-disclosed","status":"publish","type":"post","link":"https:\/\/myfintale.com\/industries\/global-blue-buys-majority-stake-in-shipup-terms-not-disclosed\/","title":{"rendered":"Global Blue Buys Majority Stake In Shipup; Terms Not Disclosed"},"content":{"rendered":"

Swiss technology<\/span> company Global Blue Group Holding AG (GB) announced Tuesday the acquisition of a majority stake in Shipup, a RetailTech post-purchase company. The financial terms of the deal were not disclosed.<\/p>\n

The transaction is expected to close by the end of October 2022.<\/p>\n

Shipup offers merchants a simple, fully-controlled, and polished experience from purchase to delivery, protecting their brand and reputation while increasing their repeat purchases.<\/p>\n

Shipup’s solution empowers retailers to gain complete control of post-purchase communications, allowing them to create branded, personalized, and proactive, automated messages to their consumers across multiple events, channels, and languages.<\/p>\n

Further, customers receive live delivery notifications, AI-powered delivery estimates, and access to tracking via the retailer’s website.<\/p>\n

The company noted that Shipup helps brands to reduce delivery requests by up to 80% and save up to 50% on refunds. They also increase satisfaction by up to 140% and 19% repeat purchase on average.<\/p>\n

Shipup has gained over 370 clients since being founded in 2016, ranging from retailers including NA-KD, FNAC Spain and Carrefour to specialist brands such as Purple Carrot, Hofmann and L’Occitane.<\/p>\n

Tomas Mostany, SVP Strategy & Chief Product Officer, Global Blue, said, “With more than half (56%) of shoppers currently disappointed by the e-commerce post-purchase experience, Shipup’s technology represents a powerful solution to a major challenge for our retail partners.” <\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Swiss technology company Global Blue Group Holding AG (GB) announced Tuesday the acquisition of a majority stake in Shipup, a RetailTech post-purchase company. 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