Pitney Bowes Still Working To Conclude Its Strategic Review Of Company's Global e-commerce Segment; Has Sold Segment's Fulfillment Services Business, Which Is A Small Piece Of Global e-commerce Segment
Portfolio Pulse from Benzinga Newsdesk
Pitney Bowes is still working to conclude its strategic review of the company's global e-commerce segment. The company has sold the segment's fulfillment services business, which is a small part of the global e-commerce segment.
July 29, 2024 | 4:40 pm
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Pitney Bowes is in the process of concluding its strategic review of the global e-commerce segment and has sold the fulfillment services business, a small part of this segment.
The sale of the fulfillment services business indicates progress in Pitney Bowes' strategic review, which could be seen positively by investors as it may lead to a more focused and potentially profitable business structure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100