05:46:26 EST Sun 08 Feb 2026
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Pudo Inc
Symbol PDO
Shares Issued 33,272,286
Close 2025-10-02 C$ 0.255
Market Cap C$ 8,484,433
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Pudo, GoLocker form New York delivery partnership

2025-10-07 12:48 ET - News Release

Mr. Elliott Etheredge reports

PUDO AND GOLOCKER UNITE TO MOVE NEW YORK FORWARD WITH SMARTER DELIVERIES, SEAMLESS RETURNS, AND A NEW ERA OF URBAN LOGISTICS

New York's delivery landscape is getting an upgrade. Pudo Inc. and GoLocker have formed a landmark partnership, combining GoLocker's rapidly expanding smart locker and distribution network with Pudo, one of North America's largest independent e-commerce pickup and drop-off networks. This collaboration provides the residents of New York a unique blend of secure package pickup and return options, while helping carriers and merchants reduce the high costs of first- and last-mile deliveries without sacrificing consumer convenience. More than a signal of what is possible, this partnership sets a new standard for how cities can reimagine deliveries and returns by building logistics systems that are smarter, more sustainable and designed for the realities of modern urban life.

E-commerce growth is straining legacy logistics in major metros: United States return rates hover around 17 per cent, totalling $890-billion in returned goods in 2024 alone. New York sees 80 per cent of households ordering at least one package per week with package theft, failed drop-offs and deliveries, and messy return processes frustrating shoppers and draining retailers. According to the World Economic Forum, cities are struggling to adapt: delivery volumes could drive a 60-per-cent rise in vehicle numbers by 2030 and make deliveries responsible for up to 13 per cent of urban transport emissions.

"E-commerce has become a defining part of modern city life, and with it comes the opportunity to rethink how deliveries and returns work for everyone," said Nigel Thomas, founder of GoLocker. "At GoLocker, we've built New York City's trusted distribution and access point network to give residents a safe, simple and reliable way to manage packages. By partnering with Pudo, we're revolutionizing first- and last-mile logistics by creating a seamless, integrated solution that transforms how retailers and consumers experience package delivery and returns. Together, we're not just moving packages -- we're moving the entire industry forward."

GoLocker has been meeting these challenges head-on. Founded to make package management simple, secure and accessible for every New Yorker, GoLocker has rapidly expanded across New York and is on track to reach 1,000 locations by the 2026 holiday season. With a technology-driven, community-first approach, the company has eliminated missed deliveries, reduced package theft and created a seamless experience for both consumers and carriers. GoLocker's growth reflects its innovative model of embedding lockers into everyday neighbourhood hubs, from residential complexes to local businesses, making package management frictionless and sustainable.

Known for simplifying parcel returns and improving convenience, Pudo operates a network of almost 2,000 staffed retail points across Canada and the United States, ranging from convenience stores and pharmacies to large national retailers. Its network infrastructure is supported by software that integrates with shippers, making locations easily visible and accessible to shoppers. In addition, Pudo's established relationships with retailers, couriers and 3PLs (third party logistics) ensure parcels can be seamlessly picked up and dropped off, creating a proven model for last-mile delivery that provides a low-cost alternative to the traditional couriers. When paired with GoLocker's rapidly growing locker network, Pudo's system makes the partnership more scalable and uniquely positioned to serve dense urban markets.

"This partnership is about building the next generation of e-commerce delivery options for shoppers in densely populated areas like NYC that are safe, easy to use and convenient to access," said Elliott Etheredge, chief executive officer of Pudo. "This partnership delivers two big wins. First, it expands our Pudopoint footprint in one of the most important markets in the country, making our solution even more convenient for New Yorkers. Second, it puts Pudo at the forefront of next-generation last-mile delivery in dense cities, creating a unique, unmatched service offering that benefits consumers, retailers and carriers alike."

What this means:

  • For retailers and carriers: lower delivery costs, faster returns, better data to plan routes and happier customers;
  • For New Yorkers: more choice -- pick up from a locker on your block at midnight or drop off a return at your corner store on your lunch break;
  • For cities: a model that reduces congestion, cuts emissions and proves logistics can keep pace with modern life.

About Pudo Inc.

Pudo operates one of North America's largest e-commerce pickup and drop-off networks supporting almost 2,000 locations in the U.S. and Canada. Its technology and network of Pudopoint counters help solve the last-mile problem for e-commerce returns and missed deliveries. Pudo connects retailers, couriers and consumers through a secure, convenient parcel ecosystem providing a cost-effective solution for shippers that is also convenient for shoppers.

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