DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year. Shares began trading at 100 pence per share at 8am today (27 February), with interest from institutional and other investors. Chief executive officer Petar Cvetkovic said: “We are delighted to launch as a public company today, and are particularly pleased with the strong show of support from institutional […]
DX Group sales and marketing director Paul Doble has warned that online retailers are in danger of overwhelming capacity on their distribution networks in the run up to Christmas. Financial services firm Experian has predicted a 36% rise in online retail visits today and Doble said retailers should re-assess their delivery capabilities. Carriers are offering collection two working days before Christmas. TNT Express, DPD, FedEx, Hermes and UK Mail all said that 21 December is the last day they can […]
A police investigation into DX Group’s Exchange business has been dropped a month after it opened.
DX Group has launched DX Parcel Exchange, which will allow customers to collect parcels from InPost and Doddle locations across the UK.