The news comes shortly after XPO Logistics, a provider of end-to-end logistics solutions across Europe, reported the expansion of its ExpressNow offering across Europe.
MyDello has announced a large-scale expansion, launching into Norway, Finland, Denmark, the Netherlands, Poland and Germany. Previously operating in the Baltics, Sweden, and China, the company is now planning to move into at least 20 European countries before the end of next year.
New target markets have been selected based on the profiles of companies operating there, the local business environment, and the competitive landscape. MyDello plans to map all possible new markets, with a focus on Western Europe and the broader European Economic Area.
Co-Founder Magnus Lepasalu said MyDello has seen significant growth in the past six months, with international revenue increasing sevenfold, driving its plan to enter at least one new market each month.
“Smart, efficient, and modern logistics are the foundation of success for any international business,” Lepasalu explained. “The past few years have shown a growing demand for innovative and sustainable services in our sector. We’re excited that our solution can now support even more customers.”
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He added that the firm is seeing growth in unexpected markets. “We’ve seen strong demand for our offering, even in markets that aren’t as digitally advanced as the Nordics or Baltics. And there still are a lot of markets where logistics relies heavily on paper, phone calls, constant price negotiations, and in some cases, even faxing documents.”
Founded in Estonia in 2021, MyDello allows businesses to manage International shipments, providing real-time comparisons of different solutions. It aims to reduce waste in global supply chains and make international freight transport fully automated. The company has received €1.25 million in seed funding.
Lepasalu believes there is strong demand for modern solutions and said the logistics sector is ready for innovation.
“Our goal is to make intercontinental freight transport as simple as possible. For example, if someone needs to ship an entire container – or even a smaller shipment – from China to Europe by plane or ship, they simply enter the origin, destination, dimensions, and weight of the cargo. The system then takes care of everything else. The customer only has to choose the most suitable offer from the options presented, and the shipping is arranged,” he said.
The news comes shortly after XPO Logistics, a provider of end-to-end logistics solutions across Europe, reported the expansion of its ExpressNow offering across Europe, after an initial roll-out in Spain, Portugal, Italy and Morocco in 2024.
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