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Global Blue Invests In Toshi, The Innovative Last-Mile Delivery And Services Solution For Luxury Retail

Global Blue Invests In Toshi, The Innovative Last-Mile Delivery And Services Solution For Luxury Retail

02/22/22, 10:56 AM
Today, Global Blue has acquired a minority share in an innovative and fast-growing new retail logistics tech company, TOSHI. The investment represents another step forward in the strategic growth of Global Blue’s omnichannel offering to retailers.

Company Info

Company
Toshi
Additional Info
We are very pleased to welcome TOSHI into our RetailTech network and to bring its value to Global Blue’s retail partners.”Sojin Lee, Founder and CEO, TOSHI commented:“We believe that the luxury last-mile experience that TOSHI provides is an integral part of the customer journey. Via the partnership, TOSHI and Global Blue will take advantage of cross-selling opportunities and explore integrations of TOSHI services with Global Blue’s Tax Free Shopping and e-commerce returns services.As part of the deal, Tomas Mostany, SVP Strategy & Chief Product Officer at Global Blue, will join TOSHI’s executive board.