Effective February 1, Imperial has acquired 60% of eCommerce logistics business, ParcelNinja.
ParcelNinja offers an outsourced warehousing and fulfilment business to South African online shops, using its custom-developed best-of-breed warehouse system and fulfilment network to ensure that clients benefit from scalable infrastructure and an innovative costing model.
"Our digital strategy is a key enabler of our purpose, allowing us to build partnerships across our ecosystem, and to identify, pre-empt, integrate and own potentially disruptive technologies and businesses,” says Mohammed Akoojee, Imperial's group chief executive officer.
ParcelNinja has been on a rapid growth trajectory since the company was started in 2014. It picks and packs over 18 000 items for around 3 000 orders per day, and the 6 100-square-metre warehouse in Johannesburg hosts upwards of half a million items on behalf of online shops across South Africa.
"Imperial brings strong logistics execution ability and an extensive client base that is relevant and focused on time-sensitive transactions, enabling ParcelNinja to focus on its strength of rapid systems development and deployment," says Akoojee. "Joining forces with Imperial is the next logical step in ParcelNinja's journey to expand its reach while remaining sustainable. “We look forward to leveraging this partnership to expand our offering in both B2B and B2C channels for our clients and their customers," says Akoojee.