Online marketplace OnBuy.com is to partner with Hermes to add new logistical solutions to its offering. Since its launch in 2016, UK-based OnBuy has amassed more than 7,000 merchants on the platform offering over 36 million products and following a recent £35M Series A+ funding round, OnBuy has developed a roadmap of developments as it targets global expansion.
To enable the expansion it has been working to create a cohesive infrastructure to support merchants and customers worldwide and says that the new integration with Hermes will provide vendors on the platform with greater choice and convenience, enabling simple and secure shipping from a known and trusted service.
Mark Lister, CCO of OnBuy said: “Working with a household name like Hermes will be pivotal as we continue to grow and lay down the gauntlet to the industry giants who currently dominate the field. Learnings from the last two years show that the sector will continue to grow, with demand increasing more than ever. At OnBuy it is vital that we can facilitate this demand with a seamless and trusted end to end service.”
Claire Phelan, head of ecommerce partnerships at Hermes UK, said: “There has been a significant upward trend in the volume of parcels entering the Hermes network from marketplaces such as OnBuy. The growth has been accelerated through the pandemic as a result of changing consumer shopping preferences and an increase in start-up businesses and merchants choosing to sell through marketplaces. We are making it easier, cheaper and more convenient for these businesses using marketplaces to access the Hermes services whilst helping them to save time and money.”