Evri's Dividend Amidst Customer Dissatisfaction
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Luni
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Despite being named the UKs worst courier for the third year in a row, Evri, acquired by American private equity firm Apollo, paid out a massive one hundred and eight million pound dividend last year. This payment was primarily to service debts and cover fees from the takeover. Evri faces scrutiny over ongoing performance issues and widespread customer complaints, including significant delivery delays and parcels left in inappropriate locations. Despite investing over two hundred and fifty million pounds into service and operations, Evri continues to face public criticism regarding its service quality. This situation reflects growing frustration among Britons with parcel companies amidst booming e-commerce demand and unprecedented parcel volume.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
