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August 15, 2022
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BeeFast.ro doubled its turnover: 650,000 euros in the start-up’s second year of activity

The busiest day: Black Friday, with over 800 orders delivered in Bucharest


BeeFast, an ultra-fast courier tech start-up, ended 2021 with a turnover of 650,000 euros, more than double the value recorded at the end of 2020. If 2020 was the year of accelerated growth for BeeFast, amid the restrictions caused by the pandemic, 2021 was the year in which the business consolidated its position and expanded to several market segments, as a result of the changes in the Romanians’ consumption behaviour.

The dynamics of online market, along with the increasingly obvious preference of end customers for ultra-fast deliveries, integration, and development of strategic partnerships, such as the one developed with Postis, were growth engines for BeeFast. Thus, the turnover has doubled compared to 2020, reaching 650,000 euros in the second year of the company’s existence, compared to 320,000 euros in the first year.

The same evolution was registered regarding the level of orders. At the end of the previous year, BeeFast delivered 600 orders / day, almost double the number registered at the end of 2020. For the whole year, the average was 450 orders delivered daily, with a total of over 170,000 orders delivered throughout year. The most dynamic areas in terms of BeeFast customers were HoReCa, flower shops, retail and big retail stores, dark stores.

HoReCa remains the most active area when it comes to the need for fast deliveries, but our strategy has been to balance the proportion of customers in this segment with the rest of the customers, especially those in the retail area, such as Flanco, Auchan, KooKoo Grocery or other similar partners, also stated Cristian Grozea, CEO, and founder of BeeFast.

The busiest day in 2021 was Black Friday, when over 800 orders were registered and delivered in Bucharest. The busiest intervals for taking and handing over orders are 12:00 to 15:00 and 18:00 to 20:00. The most dynamic areas are the north of the Capital, the central area and the southern one.

In the last quarter of 2021, BeeFast has expanded to Brasov, where the number of customers is growing significantly from month to month. The most active fields in Brasov are HoReCa, big retail and flower shops.

Trends show that more and more retail stores will strengthen their online presence, even if offline generates considerable sales today. The Romanian consumer is moving more and more towards Q-commerce, wanting to access products and services as quickly as possible. Thus, BeeFast, with its average delivery times of 55 minutes in Bucharest and 35 minutes in Brasov, becomes a strategic partner for retailers that rely on proximity, but also on a premium experience for customers. Also, the rise of dark store retailers is obvious and constant, and the ultra-fast courier market is meeting the development of these natural market trends, said Cristian Grozea.

For 2022, BeeFast aims to attract new investments, so that it can accelerate the evolution of the start-up both from an operational point of view and from the point of view of the coverage area.

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BeeFast, a start-up founded by 4 entrepreneurs at the end of 2019, started as a solution for fast B2B and B2C deliveries. The recent socio-economic context has determined a new line of business development, towards offering a digital infrastructure with an integrated payment and order delivery system for offline stores.

The range of products that BeeFast currently delivers covers the area of food products – fresh or ultra-fresh – and non-food – flowers, gifts, non-standard packaging, IT equipment, products from the fashion, beauty, etc. segment.

In 2021, BeeFast received an investment of 500,000 euros, which it directs in the development of the platform and the operational optimization. The company is currently focusing its efforts on preparing the business for scaling up nationwide, focusing on implementing the latest technologies.

The company also aims to triple orders in the next period, but also to expand its courier network, to maintain its promise of fast delivery, regardless of the evolution of orders on the platform.

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