To view the presentation, or for more information about the 2023 Annual Meeting, please visit: www.VoteforPitneyBowes.com.Shareholders who have any questions or need assistance voting may contact . Exclusive interview: Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sole CEO, of $8 billion-valued supply chain software startup Flexport. Existing investors including DST Global, Founders Fund, SoftBank's Vision Fund I and former Greylock VC Kevin Kwok also participated in the round. Here are some key takeaways. The Flexport platform streamlines supply chain workflows enabling real-time communication and data-backed decision-making. The following slide deck was published by Tango Therapeutics, Inc. in conjunction with this . But it was also a warning: Disruption to trade with China could devastate Flexports core business. It tracks shipments for shippers and logistics service providers helping them leverage transportation to deliver better customer service. Learn more. A digitized product library creates speed and consistency across your customs documentation, so you and your broker can work in harmony. Gross revenue hit $3.3B in 2021, up from $1.3B in 2020 and $670M in 2019. Global spending on logistics reached $9 trillion in 2020, about 11% of the worlds gross domestic product, according to consultancy Armstrong & Associates. Updated data for US Treasury yield curve. Privately held Flexport is one of the most valuable logistics startups after raising more than $2 billion in funding. Petersen remains as CEO and Schneberg is now the founder and leader of Flexports impact arm, Flexport.org. Petersens older brother David stayed up all night building and managing an early online video-game community. Flexport currently has over 3,200 employees across the world, and now has a hybrid work policy, requiring employees to work for two to three days in the office. Backed by some of Silicon Valleys most prominent VCs and tech billionaires, including Peter Thiels Founders Fund, Yuri Milner and Masayoshi Son, Flexport was founded in 2013 to automate paper customs forms. Flexport raised $935 million led by venture capital firms Andreessen Horowitz and MSD Partners earlier this year at a valuation of $8 billion. Want help? See JSIs FINRA BrokerCheck and Form CRS for further information. There isnt a silver bullet for this.. Learn more. She loves the stories that numbers tell us about business, relationships and health. If the UK leaves the EU without a trade deal in place, the UK loses access to the European single market with its free movement of goods. Crane - Investors - Crane Holdings, Co. Fourth Quarter 2022 Earnings Call Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Forget Meta's Sleek Virtual Reality. Order Management delivers orders to suppliers, who book shipments across a global logistics networkright in the Flexport Platform. With quick uplift to speed delivery, urgent shipments lift sales. Flexport peak revenue was $471.0M in 2022. Heres the breakdown of financing over the years: Flexport reached unicorn status in 2019 with a $3.2 billion valuation. Flexport has 29 investors. By 2018, Flexport added additional vertical integrations by adding freight financing, chartering its own planes, and operating its own warehouses. They havent officially begun the IPO process. Its team of logistics experts lets focus on core business by ensuring goods arrive at fulfillment/distribution centers on time and at the lowest cost. You're more than your latest funding, tell our customers your company's story. When Ryan Petersen does his interviews, people in the industry typically get upset because he tends to simplify things a lot.

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