BOX NOW is expanding its operations to Cyprus, thereby broadening access to Greek e-shops for consumers in Cyprus and facilitating more convenient purchases from these online stores.

This expansion is already underway, with plans to install up to 120 BOX NOW Lockers across major Cypriot cities by the end of 2023. Deliveries through these lockers will be completed within two working days. Additionally, BOX NOW Greece serves as a hub for IT and Marketing for other countries where the group operates, such as Croatia and Bulgaria.

The Greek start-up is demonstrating rapid growth. Employing over 240 specialists in various fields, the company currently manages 70,000 compartments and 2,000 BOX NOW Lockers in more than 560 cities/areas across Greece. In 2023, the company estimates it will complete over 3 million deliveries, collaborating with more than 1,600 e-shops.

There has been a remarkable 920% increase in parcel traffic over a twelve-month period. To date, investments in the company's development have exceeded 20 million euros, a testament to the strong shareholder support for its business plan.

BOX NOW, founded in April 2021, is a pioneering start-up that represents the evolution of specialized parcel delivery companies. Leveraging innovative digital technology, it offers modern and automated services. Catering to both the general public (B2C) and businesses (B2B), particularly those operating e-shops or utilizing parcel delivery services, BOX NOW provides innovative delivery and pickup services. It's developing Greece's largest network of Automated Parcel Machines.

A core tenet of BOX NOW is green and sustainable growth. Its Automated Parcel Machines are self-sufficient, operating on solar energy, offering an eco-friendly method of parcel delivery and shipment. These lockers are strategically placed in key city locations, providing consumers with 24/7 access to their parcels, ensuring security, independence, and freedom in the circulation and delivery of parcels at their convenience.

BOX NOW also serves as a valuable business partner for companies and e-shops, offering advanced services that enhance productivity and customer service. It is noteworthy that BOX NOW is a subsidiary of Emma Capital Group, which boasts a track record of successful investments in the Greek market, including in OPAP and Profarm. The Olympia Group, through its investment arm P.C.P., also participates in the company's equity with a minority stake.

BOX NOW is the first company to offer digital and physical B2C2B parcel circulation services. Distinguishing itself in the Last Mile Delivery sector, it doesn't conform to the traditional courier market. Instead, it meets a significant market demand for an alternative delivery method that aligns with the fast-paced modern lifestyle, offering flexibility and immediacy. As an innovative technology company, BOX NOW introduces a new approach to Last Mile Delivery, focusing on customer experience, environmental respect, and specialized technological solutions.