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African Startup Funding Tracker

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Imperial Logistics Announces Acquisition of South African eCommerce Startup Parcelninja
Imperial Logistics Announces Acquisition of South African eCommerce Startup Parcelninja

Parcelninja, a South African eCommerce startup has been acquired by Imperial Logistics, a JSE-listed logistics company. The deal was completed on the 1st of February 2021.

Launched in 2013, Parcelninja provides API integration, warehouse management system, product ordering, packaging, and logistics services to online shops in South Africa. Imperial wants to expand its market and sees Parcelninja as a fit to help the company strengthen its digital offerings.

Imperial also announced investment into African startups including Field Intelligence, Lori Systems, and RedBird through its USD 20 Mn Imperial Innovation Fund.