dota2网址2022赛程

Stamps.com’s shares down nearly 50%

Stamps.com  shares dipped almost 50% in late trading on Thursday after the company said it was giving up its exclusive deal with the U.S. Postal Service reports Marketwatch.

“We will no longer be exclusive to the USPS and that’s non-negotiable,” Chief Executive Kenneth McBride said of demands his company made in negotiations to renew their revenue-sharing agreement. “The USPS has not agreed to accept these terms or any other terms of our partnership proposal. So at this point we’ve decided to discontinue our shipping partnership with the USPS so that we can fully embrace partnerships with other carriers who we think will be well-positioned to win in the shipping business in the next five years.”

Following the announcement the shares continued to dive and were recently down nearly 48% in after-hours trading.

McBride later stressed that  Stamps.com  will still be able to sell stamps. “Note that our decision to discontinue our exclusive partnership with the USPS does not in any way impact our regulatory relationship with them or the products and services we are able to offer our customers,” he said, stressing that the move is an effort to service other carriers such as FedEx, UPS and  Amazon.com Inc.

Relevant Directory Listings

Doddle

Doddle powers PUDO networks and intelligent returns management for some of the world’s most innovative carriers and posts. Our experience building our own successful PUDO network in the UK means we have unprecedented insight into the needs of consumers, carriers and retailers meaning we can […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What is your top business priority?

Thank you for voting
You have already voted on this poll!
Please select an option!








MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This
雷火电竞抽注数据 | 电竞竞猜最新版入口新版v0.3 | 王者荣耀电竞下注详情网址(王者荣耀电竞直播下注网) | 飞鱼电竞下注积分 | 欧洲电竞下注下载v10.1版 | 电子竞技数据app