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PBI Stock - Pitney Bowes Inc.


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Pitney Bowes Inc. logo

Pitney Bowes Inc., based in Stamford, Connecticut, is a renowned provider of shipping, mailing, and technology solutions tailored for small and medium-sized businesses, large enterprises, retailers, and governmental entities across the United States, Canada, and globally. Established in 1920 as Pitney Bowes Postage Meter Company, the firm operates through three distinct segments: Global Ecommerce, Presort Services, and SendTech Solutions.

The Global Ecommerce division specializes in domestic parcel services, cross-border logistics solutions, and digital delivery services, catering to the burgeoning demand for streamlined international commerce. Concurrently, the Presort Services segment delivers critical mail sortation services, enabling clients to capitalize on postal work sharing discounts by efficiently managing volumes of first-class mail, marketing materials, and bound and packet mail.

Pitney Bowes' SendTech Solutions arm offers a comprehensive suite of physical and digital mailing and shipping technologies. These encompass financing options, supply management, and a host of ancillary services designed to optimize the sending, tracking, and receipt of letters, parcels, and flats. The company deploys an expansive sales network encompassing direct sales, inside sales teams, global and regional partners, direct mail campaigns, and digital outreach to effectively market its robust portfolio of products, solutions, and services.

Committed to innovation and customer-centricity, Pitney Bowes Inc. continues to pioneer advancements in logistics technology and financial services, bolstering its reputation as a leader in the global shipping and mailing industry. With a rich history spanning over a century, the company remains steadfast in its mission to facilitate seamless, efficient, and cost-effective communication and commerce solutions worldwide.

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Stock Sector: Consumer Durables: Business Equipment

 

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