Allegro, the largest b-to-c marketplace in Poland, has agreed to use Modern-Expo as its automated parcel locker system partner.
Allegro plans to install the first batch of 1,500 devices in the cities throughout Poland by the end of 2021. The first Allegro parcel lockers will be installed in mid-2021.
The move is meant to secure Allegro’s delivery network in the face of reshuffles at InPost, its largest delivery partner.
Allegro extended its agreement with Inpost for another seven years in October last year. Since then, InPost also entered into a cooperation agreement with Amazon and floated on Amsterdam Stock Exchange. Allegro had a pre-emption right to buy InPost but it didn’t take advantage of it as it found the price too expensive.
Modern-Expo is a Poland-based manufacturer of store equipment for retail and e-commerce. The company has been operating since 1993, employs nearly 2,500 people, and had revenue of over $133 million in FY2020.
Allegro’s FY2020 net revenue was 4 billion Polish zlotys ($1.1 billion U.S.), up by 54.2% from 2.6 billion Polish zlotys in FY2019. Adjusted EBITDA was 1.8 billion Polish zlotys ($475.2 million U.S.) last year, which was 30.8% more than in FY2019.
As of the end of 2020, Allegro had around 13 million active buyers on its marketplace, an increase of almost 15% from 2019.