Yodel: Losses double at UK’s second-worst parcel delivery firm Business Losses at Yodel, which was named as the second-worst parcel delivery firm in the UK in 2024, have more than doubled as its revenue was slashed. The Liverpool-headquartered business has reported a pre-tax loss of £105.2m for its latest financial year. The total comes after Yodel also lost £48.2m in 2023. New accounts filed with [...]
InPost nearly triples UK parcel volumes after Yodel acquisition Business InPost has reported a huge boost to UK parcel volumes and revenue after its takeover of competitor Yodel earlier this year. Revenue in the UK grew 303.1 per cent year on year in the second quarter to PLN 954.2m (£193m), making it the second-largest contributor to Group revenue after Poland, which has a 27 per [...]
Yodel’s £106m takeover by InPost put on ice after High Court order Business Yodel’s £106m acquisition by InPost has been put on ice after an injunction was filed with the High Court in the latest twist in a long-running legal spat. Last month, Morning Wire reported that Poland’s InPost had agreed to buy Liverpool-headquartered Yodel in what was described as a “pivotal milestone” at the time. InPost said [...]
InPost acquires competitor Yodel to become UK’s third-largest delivery firm April 17, 2025 Poland-based InPost has acquired competitor Yodel as it cements ambitions to grow in the UK market. InPost expects the deal to boost its market share to eight per cent, as well as rapidly increasing its capacity to more than 300 million parcels annually. Under the terms of the deal, InPost has acquired 95.5 per cent [...]
Inpost’s rapid expansion set to continue as more Brits switch to postal lockers September 6, 2024 Polish firm Inpost launched in the UK in 2013 with 100 lockers. Earlier this year, it celebrated its 7,000th locker. Inpost works by operating a set of lockers across a country, which work with the country’s postal service to deliver parcels to and from the lockers. Customers can then pick up or drop off the [...]