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Double-digit growth for MBE Worldwide in FY2022

Milan, Italy – May 8, 2023 – MBE Worldwide (“MBE”) is a leading commerce enablement platform providing e-commerce, fulfillment, shipping, marketing and print solutions to SMBs and consumers. MBE closed FY2022 with €1.3 bln (US$1.4 bln) of System-wide Gross Revenue – generated through its location-based platform made of 3,150+ Business Solution Centers in 52 Countries, operating under different brands: PrestaShop, Mail Boxes Etc., PostNet, PACK & SEND, AlphaGraphics, Multicopy, GEL Proximity and World Options – and €22 bln (US$23 bln) of Gross Merchandise Value traded through its digital platform under the brand PrestaShop.

During 2022 MBE opened 153 new Business Solution Centers globally and signed three new Master License (ML) Agreements – Colombia, Morocco and Ecuador – thus expanding its global platform into new territories.

Furthermore, in 2022 MBE successfully concluded further strategic acquisitions such as World Options and Gel Proximity. World Options is a provider of shipping solutions for business customers in the UK and the US, while GEL Proximity is a tech platform entirely dedicated to last mile logistics, allowing consumers to choose among different proximity services.

“I can proudly say that 2022 has been probably our best year ever, both in terms of organic and inorganic growth.” – says Paolo Fiorelli, MBE Chairman and CEO – “Within a complex macro-economic context exacerbated by high inflation in many Countries in which we operate, uncertainty regarding energy resources, and rising supply chain costs, our results have been extremely positive. We increased MBE Worldwide Group System-wide Gross Revenue of + 28.7% passing from €1.01 bln (US$1.2 bln) in FY2021 to €1.3 bln (US$1.4 bln) in FY2022. The ambition, discipline, commitment and passion of the Team, both at Corporate and Network level, have been fueling our daily activities and helping us reach our challenging goals.”

” Paolo Fiorelli additionally states: “We continue to strengthen our capacity as a Global Commerce enabler for SMBs and consumers combining the synergies of our two integrated platforms: the physical one counting today more than 3,150 Business Solution Centers in 52 Countries and the digital one represented by our PrestaShop e-commerce suite. Through the two platforms in 2022 we fulfilled the commerce needs of over 1 million business customers worldwide.”

MBE is concentrating effort to combine its worldwide network of Business Solution Centers with PrestaShop, one of the most successful e-commerce platforms in the market, positioning MBE as a unique player in the global landscape. “Our future plans will keep leveraging on the passion, commitment and skills of our People combined with our innovative technologies, to help all of our customers to solve their daily challenges.”, concludes Paolo Fiorelli.

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Mail Boxes Etc./MBE Centers are operated by independent operators as franchisees, who operate under a franchise agreement under the brand name of MBE. Through its franchise network Mail Boxes Etc. provides support services for businesses and individuals. Logistics and shipping services represent the main services of MBE – enabled by MBE through contractual agreements concluded for the benefit of its franchisees with the main domestic and international express couriers - and other graphics and printing services - provided either directly or on the basis of agreements with large printing centers. The promotion of services for business and private customers is carried out in the framework of the business activity of each MBE franchise partner within and outside of the MBE Centers ("farming"). Each franchise partner is contractually obligated to perform such activities. Mail Boxes Etc. and MBE are registered trademarks used with permission of MBE Worldwide S.p.A. (All Rights Reserved). The services offered by the individual MBE Centers can vary depending upon the location. The material available on this Internet site, the information contained herein and any other relevant related data may not in any manner be copied, distributed, changed, republished, reproduced, downloaded or forwarded to third parties, without the expressed prior written authorization of Sistema Italia 93 S.r.l. We accept no responsibility with regard to the unauthorized use of the material available on this Internet site, the information and/or the data contained herein.