Loop, a commerce operations platform for Shopify brands, has launched Ship by Loop 2.0, integrating Sendcloud, Europe's leading shipping platform. The upgrade provides merchants with expanded access to UK and EU carriers, competitive rates and improved return experiences. The enhanced service allows merchants to manage return shipments within Loop's platform whilst accessing Sendcloud's European carrier network. New features include QR code returns and InPost locker drop-offs, eliminating the need for printed labels. Loop now combines Sendcloud's European coverage with its existing North American network, enabling merchants to compare rates across multiple carriers for optimal cost savings. The platform serves over 5,000 Shopify brands and has processed more than 55 million returns, helping merchants capture over $2 billion in revenue over five years.

PUDO Inc. reports FY 2026 second quarter end results. News provided by. TORONTO, Oct. 8, 2025 /CNW/ - PUDO Inc. ("PUDO" or the "Company") (CSE: PDO) (OTCQB: PDPTF), today filed interim financial results (unaudited) and operational highlights for its second quarter that ended August 31, 2025 ("Q2 FY 2026"). | Year over Year | Q1-Q2 FY 2026 | Q1-Q2 FY 2025 | % Change | | Revenue from Operations | $2,829,898 | $1,737,073 | 62.9 % | | Gross Profit | $936,695 | $522,967 | 79.1 % | | Comprehensive loss for the period | ($76,810) | ($257,238) | -62.0%* | "We continue to see strong growth in the business with revenue increasing almost 63% in the first six months of this year. We have been able to grow revenue while increasing our gross margins resulting in a gross profit increase of more than 79%" commented Elliott Etheredge, CEO. "Furthermore, we continue to be excited about the network expansion that we accomplished in the U.S. during the last quarter. The addition of the Annex Brands and GoLocker partnerships position us well to continue growing revenue by expanding our geographic footprint." PUDO continues to expand the availability and volume of its PUDO Label Return services. By increasing the number of retailers using the solution and partnering with additional SAAS and 3PL providers, the PUDO network is becoming an important part of the e-commerce returns solution. In Q2 FY 2026, returns accounted for 67.4% of revenue vs. 53.1% in Q2 FY 2025. The Company continues to work with its partners to develop the U.S. network expansion this year to support the returns service along with PUDO's other services including Direct to PUDO and For Pickup by either a shopper or a consolidated pickup for PUDO third party courier partners. The Company is currently working with its partners to develop the U.S. network expansion this year. A complete copy of the interim consolidated financial statements and the Management's Discussion and Analysis Report for the three and six month periods ended August 31, 2025, can be found on the CSE website at https://thecse.com/listings/pudo-inc/ and on SEDAR at www.sedar+.com. About PUDO Inc. PUDO Inc. is North America's only independent parcel pick-up and drop-off counter network. PUDO has created a Network of more than 1,700 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play. PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics. Visit: www.pudopoint.com. To signup for the PUDO News Feed please subscribe at https://pudopoint.com/investors/. Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO's technology and possible future expansions of PUDO's operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO's ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words "anticipate", "believe", "expect", "plan", "intend", "can", "will", "should", and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company's public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management's reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by law. For further information about PUDO contact: Elliott Etheredge, CEO, 1 (905) 507-7409, [email protected]; or Karen Speight, Admin Director, 1 (905) 507-7412, [email protected]