TORONTO, Sept. 28,
2023 /CNW/ - PUDO Inc. (CSE: PDO) (OTCQB:
PDPTF) one of North America's
largest independent pick-up and drop-off network today announced a
partnership agreement with ContextLogic Inc. (d/b/a Wish) (NASDAQ:
WISH) previously signed April 20,
2023, one of the world's largest mobile ecommerce platforms.
The partnership will allow Wish consumers to click and collect
parcels from more than 1,200 active PUDOpoint counters across the
U.S. and Canada.
The initiative aligns with PUDO's objective of rapidly expanding
its network of PUDOpoints across the U.S. and Canada that can be used by PUDO customers to
increase the number of drop-off points for ecommerce returns as
well as aligns with Wish's broader goal to improve the shopping
experience by providing enhanced levels of convenience for its
shoppers. The convenience is rooted in the assurance that packages
will be delivered safely to nearby secure locations whenever
shoppers are away from home.
Commenting on the announcement, PUDO Inc. Chief Executive
Officer, Elliott Etheredge, said:
"We are excited at the ability to work with existing Wish locations
to expand the PUDOpoint returns network and further increase our
coverage across the U.S. and Canada. The partnership with Wish allows us to
help Wish enhance the experience they provide their customers with.
Ease and convenience are paramount for a positive shopper
relationship, and we are happy the PUDO network will help
provide this to Wish's customers.
"Through our collaboration with PUDO Inc., we're enhancing the
shopping experience for our customers," said Bill Zhang, VP of Global Logistics and China GM
at Wish. "The partnership amplifies convenience by enabling
hassle-free package retrieval from numerous locations, as well
allowing PUDO to partner with Wish locations to accept package
returns for its customers. In parallel, it also opens up new
avenues for independent retailers to drive increased foot traffic
and revenue streams generated by package collections."
"Our continued commitment to innovation and customer
satisfaction is driving us to expand the PUDOpoint network to 1,500
points by year-end," concluded Mr. Etheredge.
About PUDO Inc.
PUDO Inc. is North America's
only independent parcel pick-up and drop-off counter
network.
PUDO has created a Network of more than 1,200 storefront
partners known as PUDOpoint Counters, strategically located very
near to where people live, work and play.
PUDO partners with retailers and logistics providers to offer a
last-mile pick-up and returns network for ecommerce shoppers that
reduces cost, increases convenience, and provides package security
to the last-mile of package logistics.
Visit: www.pudopoint.com.
About Wish
Founded in 2010 and headquartered in San Francisco, Wish is one of the largest and
fastest growing global ecommerce platforms, connecting millions of
value-conscious consumers in over 60 countries to thousands of
merchants around the world. Wish combines technology and data
science capabilities and an innovative discovery-based mobile
shopping experience to create a highly-visual, entertaining, and
personalized shopping experience for its users. For more
information about the company or to download the Wish mobile app,
visit Wish mobile app, visit www.wish.com or follow @Wish
on Facebook, Instagram and TikTok or @WishShopping
on Twitter and YouTube.
Media contact:
Carys
Comerford-Green, Wish
press@wish.com
Investor contact:
Ralph
Fong, Wish
ir@wish.com
Information in this press release that is not current or
historical factual information may constitute forward-looking
information within the meaning of securities laws. This information
is based on current expectations and assumptions of management. The
use of any of the words "anticipate", "believe", "expect", "plan",
"intend", "can", "will", "should", and similar expressions are
intended to identify forward-looking statements. Since
forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve
inherent risks and uncertainties. Risks, uncertainties, and other
factors involved with forward-looking information could cause
actual events, results, performance, prospects, and opportunities
to differ materially from those expressed or implied by such
forward-looking information. Although the Company believes that the
expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because the Company can
give no assurance that they will prove to be correct. Factors that
could cause actual results to differ materially from such
forward-looking information include, without limitation,
uncertainties with respect to service implementation, the economic
results of the relationship on the operations of the Company,
changes in general economic, market, or business conditions, and
those risks set out in the Company's public documents filed on
SEDAR. This press release may contain future-oriented financial
information or financial outlook within the meaning of applicable
securities laws. Such future-oriented financial information or
financial outlook has been prepared for the purpose of providing
information about management's reasonable expectations as to the
anticipated results of its proposed business activities. Readers
are cautioned that reliance on such information may not be
appropriate for other purposes.
The forward-looking statements contained in this press
release are made as of the date hereof and the Company undertakes
no obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by law.
SOURCE PUDO Inc.