MySize Inc. (NASDAQ:MYSZ) is up 12% in a week after the smartphone measurement solutions provider entered a partnership with Delhivery, India’s most significant supply chain solutions provider. The company’s BoxSize AI-driven solution will empower Delhivery with tools that can enhance operational management and efficiency.BoxSize allows logistic companies to efficiently use resources as well as plan logistics strategically, protecting the bottom line and environment.
It is a parcel management tool that enhances delivery efficiency by assisting teams in ensuring the proper packaging of a truck to use every inch of space. In addition, BoxSize has features that include geolocation tagging, barcode scanning, and image capture. The partnership with Delhivery complements MySize’s in-house tech offering for visibility and ERP processes. Delhivery is a reputable logistics and delivery tech leader, and the decision to partner with MySize is a strong message of the value of the solution.
Ronen Luzon, MySize CEO and Founder, said that the company’s sizing solutions instantly transform warehouse employees or delivery drivers into a logistic planners. In the coming months, MYSZ is a stock to watch.
On Tuesday, MYSZ stock went up 2.86% to $1.44 with more than 3.24million shares, compared to its average volume of 422k shares. The stock has moved within a range of $1.3300 – 1.5600 after opening the trade at $1.50. Over the past 52-week, the stock has been trading within a range of $0.8410 – 2.0000.