Conscious Investing Today
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
Conscious Investing Today
No Result
View All Result
Home Politics News

MerryMart to launch MBOX Smart Lockers

by
April 22, 2021
in Politics News
0
MerryMart to launch MBOX Smart Lockers
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

MERRYMART Consumer Corp. is planning to launch smart lockers under a new venture called MBOX, which aims to roll out 5,000 self-service lockers with full-time accessibility by 2030.

The MBOX business will be the first unit under MerryMart’s consumer technology portfolio.

“We believe that MBOX will improve Filipinos’ online purchase experience and give consumers, couriers and merchants a more convenient, efficient, and secure alternative of delivering and receiving packages,” Edgar “Injap” J. Sia II, chairman of MerryMart, said in a statement on Thursday.

Like post office boxes, packages may be collected and dropped off via MBOX Smart Lockers at the customer’s or the delivery personnel’s convenience.

Receivers will be notified of their package deliveries through pick-up code, which will be sent through a mobile text message or a notice from a mobile app available for iOS and Android.

Sending packages and returns may be processed through the MBOX App, which will also include MBOX Smart Locker pick-up options to prevent people from getting their orders simultaneously.

“MBOX Smart Lockers would enable couriers to become more efficient and deliver more parcels in the same amount of time as seen in countries with an already established Smart Locker network,” the company said.

Multiple parcels may be delivered to one location in one go. The lockers would also eliminate the need for in-person contact.

ADVERTISEMENT

“This pandemic has seen a record rise in deliveries and has highlighted the need for a contactless, efficient, green delivery alternative,” Mr. Sia said.

MerryMart Chief Financial Officer Hannah Yulo-Luccini pointed out how companies such as Grab, foodpanda, GCash, PayMaya, Lazada, and Shopee have made use of consumer technology, eventually making their way to become part of everyday life.

“We have also seen both their respective market share and revenues grow exponentially. We see MBOX to enhance and complement this inevitable evolution and further widen MerryMart’s revenue streams,” Ms. Yulo-Luccini said.

MerryMart will launch an initial 100 MBOX Smart Lockers in cities, MerryMart branches, commercial centers, LGU halls, condominiums, subdivisions, and office buildings in Metro Manila.

“We envision MBOX to soon be a must-have in practically each and every strategic spot in the country,” Mr. Sia said.

MerryMart shares at the stock exchange declined by 2% on Thursday to close at P5.38 apiece from P5.49. — Keren Concepcion G. Valmonte

Related Posts

SEC warns public vs investing in three entities
Politics News

SEC warns public vs investing in three entities

June 26, 2022
SSC outlasts Perpetual Help in 5 sets, shares second spot
Politics News

SSC outlasts Perpetual Help in 5 sets, shares second spot

June 26, 2022
First Philippine Overland Expedition boasts P1-M kitty
Politics News

First Philippine Overland Expedition boasts P1-M kitty

June 26, 2022
Next Post
Why have cryptocurrency trackers become the need of the hour?

Why have cryptocurrency trackers become the need of the hour?

PHL raises P122B from euro bond sale

PHL raises P122B from euro bond sale

Banks keep stricter credit standards in Q1

Banks keep stricter credit standards in Q1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Categories

  • Economic Indicators
  • Editor's Pick
  • Investing Ideas
  • Politics News
  • Stock Analysis

Popular News

  • A Minute With: Family Reunion cast on relatable story lines

    A Minute With: Family Reunion cast on relatable story lines

    0 shares
    Share 0 Tweet 0
  • Twitter launches ‘Milk Tea Alliance’ emoji as movement grows

    0 shares
    Share 0 Tweet 0
  • Gas and car bills to soar under green revolution

    0 shares
    Share 0 Tweet 0
  • Level up your gaming experience with vivo Y20s [G]

    0 shares
    Share 0 Tweet 0
  • Rehab, expansion of General Santos airport seen completed by Q2

    0 shares
    Share 0 Tweet 0
No Result
View All Result

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Highlights

Chery Auto Philippines hits record sales in April, sells out Tiggo 8 Pro

Quizon remains Philippine rapid chess king in third straight time

Maserati electrifies its best-selling SUV

Next DICT chief cool to lowering spectrum user fees

Weak peso to further bloat PHL debt stock

Business groups bare wish list for Marcos’ first hundred days

Trending

SEC warns public vs investing in three entities
Politics News

SEC warns public vs investing in three entities

by
June 26, 2022
0

THE Securities and Exchange Commission (SEC) has warned the public against investing in three unregistered entities that...

SSC outlasts Perpetual Help in 5 sets, shares second spot

SSC outlasts Perpetual Help in 5 sets, shares second spot

June 26, 2022
First Philippine Overland Expedition boasts P1-M kitty

First Philippine Overland Expedition boasts P1-M kitty

June 26, 2022
Chery Auto Philippines hits record sales in April, sells out Tiggo 8 Pro

Chery Auto Philippines hits record sales in April, sells out Tiggo 8 Pro

June 26, 2022
Quizon remains Philippine rapid chess king in third straight time

Quizon remains Philippine rapid chess king in third straight time

June 26, 2022

Disclaimer: ConsciousInvestingToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2021 ConsciousInvestingToday. All Rights Reserved.

No Result
View All Result
  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.