Fresh off two consecutive rounds of fundraising that landed it $300 million in just three months’ time at a $1.6 billion valuation, last-mile delivery firm Veho is now focused on scaling its business. The company on Wednesday took a step in that direction, announcing the acquisition of QuikReturn, a post-purchase reverse logistics firm.
Terms were not disclosed.
“We have been incredibly impressed with the technology and carbon-neutral pickup platform the QuikReturn team has developed — both of...