01:14:44 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Parcelpal Logistics Inc
Symbol PKG
Shares Issued 230,992,735
Close 2023-07-19 C$ 0.015
Market Cap C$ 3,464,891
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Parcelpal eyes on-line store launch in Japan

2023-07-20 13:57 ET - News Release

Mr. Rich Wheeless reports

PARCELPAL COMMENCES EXPANSION INTO ASIA

Parcelpal Logistics Inc. has commenced its expansion into Asia. The company is preparing for a launch of an on-line store with a local partner in Japan, with other areas planned in the near term.

The store the company is launching is an on-line marketplace that specializes in bringing unique and high-quality products from Japan to customers worldwide. It will offer a wide range of products, including fashion items, beauty products, home goods and health products, all carefully selected from Japan's top brands and manufacturers. Japan is known for its attention to detail, quality craftsmanship and innovative designs, making it an exciting destination for shoppers looking for something special. At Parcelpal's store, customers can easily browse and purchase these products, and with its fast and reliable shipping services, they can enjoy the best of Japan without leaving their home.

Parcelpal's move to expand into the Asian market creates a new pipeline and business growth which is in line with the overall corporate expansion goals. The company will be partnering with several companies that are currently operating in the Asian market and provide a multiplier and reach to a larger customer base. Parcelpal will be expanding into a diverse area to include health products, business process outsourcing, technology and logistics.

Rich Wheeless, chief executive officer of Parcelpal, states: "This expansion into Asia has been in the forefront of our expansion plans for a while given the massive population and local connections that have a need for a partner like us. We look forward to not only being able to provide products that customers want, but also being able to do what we do best and that is the fulfilment and delivery piece of it. Furthermore, I see Asia as a major part or our revenue growth in the coming years."

The company looks forward to providing additional material updates in the coming days and weeks.

About Parcelpal Logistics Inc.

Parcelpal is a Vancouver-based company that specializes in last-mile delivery service and logistics solutions. It is a customer-driven, courier and logistics company connecting 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 Parcelpal's verticals include pharmacy and health, meal kit deliveries, retail, groceries, and more.

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