The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Delivery solutions provider Zoom2u Technologies (Z2U) partners with Bunnings Group for the use of its Zoom2u platform
  • The Zoom2u platform provides a simpler and more efficient delivery process for customers and businesses
  • It provides customers with a live tracking link showing the real-time location of the delivery as well as an estimated time of arrival
  • Under the agreement, Bunnings is under no obligation to meet a minimum volume of spending or fee commitments
  • Shares in Zoom2u are up 9.76 per cent on the market and are trading at 22.5 cents at 1:40 pm AEST

Delivery solutions provider Zoom2u Technologies (Z2U) has partnered with Bunnings Group for the use of its Zoom2u platform.

The Zoom2u platform provides a simpler and more efficient delivery process for customers and businesses.

It provides customers with a live tracking link showing the real-time location of the delivery as well as an estimated time of arrival.

The agreement is not exclusive and follows the completion of a trial undertaken with Bunnings across select Australian stores.

Under the agreement, Bunnings is under no obligation to meet a minimum volume of spending or fee commitments.

The finances are yet to be revealed as it is dependent on delivery volumes.

“I am absolutely delighted to announce this agreement. To be chosen as one of Bunnings’ last mile delivery providers is a validation of the Zoom2u Platform,” Founder and CEO Steve Orenstein said.

“It has been a pleasure working closely with Bunnings over the past few months as they trialled the service.”

Shares in Zoom2u were up 9.76 per cent on the market and were trading at 22.5 cents at 1:40 pm AEST.

Z2U by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX200 takes a slide into the weekend

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks…

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

US inflation was the biggest data drop of the week; Anglo American is restructuring to fend…
The Market Online Video

Market Update: ASX dips with only materials afloat

The ASX is down nearly half a per cent - on par with future's predictions -…

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Patagonia Lithium Ltd has been granted an additional 15 exploration licences in Argentina where it is…