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The newest results from Pitney Bowes shine a light on e-commerce growth trends for 2021.
It was a remarkable end to an extraordinary year for global commerce solutions provider Pitney Bowes, with CEO Marc Lautenbach saying the company achieved a record rate of growth in the fourth quarter.
He noted the company's journey to transform its e-commerce, shipping, mailing and financial services business, resulting in sales increasing 24% to $1 billion during fourth quarter of 2020.
"The fourth quarter was a remarkable ending to an extraordinary year,” Lautenbach said. “Revenue growth was the highest modern day, organic growth rate on-record for us. We have been on a journey to transform the business. Even with the tremendous uncertainty in our economy and how the pandemic will play out, we are now poised to enter this next chapter of our transformation, profitable revenue growth. While I am proud of what the team has accomplished, we all recognize there is more work to do and we are ready.”

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