WAPI ANNOUNCES IMPRESSIVE OPERATING DEVELOPMENTS IN THE 1Q2020

Tallinn, Estonia – April 14, 2020 -  WAPI OÜ,   fast growing IT integrator for EU warehouses and courier services, helping e-commerce to launch and administrate trading business in EU, announces it’s operating developments for the first quarter 2020.

Alexander Fridman, founder and CEO of WAPI, commented: “WAPI performance in the first quarter of 2020 was impressive: we more than doubled number of deliveries, executed through our IT platform.

Global pandemie had multiple effect on our business, making it even more dinamic as before. Our CPA clients are changing the offers that they sell, switching to health – related products and home entertainment, focusing on most - affected countries, such as Spain and Italy.

Already in March we saw significant increase in interest from European e-comm sellers seeking alternative fulfillment providers currently overloaded with deliveries of primary demand products.

On a cost side we revised various internal processes and optimized such functions as call-center support with AI.

Following growing demand from the sellers we are working on integrating UK and US warehouses.

We initially were an on-line business and we will use the window of opportunities at maximum!”