ShipTime Acquires Warehowz to Expand North American Capabilities
MWN-AI** Summary
On February 5, 2026, ShipTime Canada Inc., a subsidiary of Paid, Inc. (OTC: PAYD), announced its acquisition of an 80% stake in Warehowz, Inc., a significant player in the on-demand warehousing and fulfillment marketplace in North America. This strategic acquisition aims to bolster ShipTime's capabilities as it seeks to address the increasing demands of enterprise-level shippers.
Warehowz operates a vast network of over 2,500 warehouses spread across the United States and Canada, providing flexible storage and fulfillment options that enable businesses to efficiently manage their inventory and enhance delivery speed. By integrating Warehowz into its ecosystem, ShipTime is set to offer merchants greater control, visibility, and adaptability throughout their supply chains, aligning with its vision of enhancing market presence across North America.
This acquisition presents several advantages for both North American and enterprise shippers. It enhances fulfillment speed by placing inventory closer to consumers, provides scalable capacity during peak shipping seasons, and offers better cost control through on-demand storage options. Additionally, enterprise brands will benefit from increased operational flexibility, particularly when handling multi-location or high-volume inventories.
Austin Lewis, CEO of ShipTime, emphasized that modern logistics requires comprehensive, integrated solutions combining fulfillment, warehousing, and delivery to meet evolving customer expectations. Similarly, Darrell Jervey, CEO of Warehowz, noted the advantages of joining ShipTime to extend their reach and improve logistics services through technology-based solutions.
As ShipTime continues to expand its offerings to U.S. merchants, this acquisition marks a significant step in their strategy to provide a unified logistics solution designed to facilitate faster delivery, enhanced visibility, and improved cost efficiency for businesses of all sizes.
MWN-AI** Analysis
ShipTime’s recent acquisition of an 80% stake in Warehowz marks a pivotal moment in its strategy to enhance its North American logistics capabilities. This move not only expands ShipTime’s warehousing network to over 2,500 locations but also positions the company to better cater to the growing demands of enterprise shippers in today’s fast-paced eCommerce environment.
Investors should view this acquisition positively since it reinforces ShipTime’s commitment to integrated logistics solutions. By bringing warehousing and fulfillment services into its ecosystem, ShipTime can offer a more comprehensive suite of services that enables businesses to manage their supply chains more efficiently. Enhanced operational flexibility and faster fulfillment options are likely to attract a broader range of clients, particularly in peak seasons where scalable capacity is paramount.
Moreover, the transaction underscores the increasing importance of last-mile delivery solutions as customers expect rapid shipping times. ShipTime’s reinforced capabilities for U.S. last-mile logistics through Warehowz's distribution points can significantly enhance buyer satisfaction and boost access to markets across North America.
Furthermore, with the growing trend of online shopping and the need for businesses to optimize inventory management, this acquisition allows ShipTime to tap into an expanding market segment. The combination of advanced technology and a vast network positions ShipTime favorably against competitors that may not offer such integrated logistical services.
In conclusion, analysts and investors should keep an eye on how ShipTime integrates Warehowz into its operations. Successful execution could lead to increased market share and revenue growth, making ShipTime an attractive option for investors looking to capitalize on the growing logistics technology sector. Given these dynamics, the stock (OTC: PAYD) could see positive movements as ShipTime leverages its expanded capabilities to enhance its market position.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TORONTO, Feb. 5, 2026 /CNW/ - ShipTime Canada Inc. a subsidiary of Paid, Inc. (OTC: PAYD), and a leading logistics technology platform offering advanced shipping solutions announces the acquisition of an 80% ownership stake in Warehowz, Inc., a North American on demand warehousing and fulfillment marketplace. This strategic move accelerates ShipTime's expansion while enhancing its ability to support the complex needs of enterprise level shippers.
With a network of over 2,500 warehouses across North America, including facilities in both the United States and Canada, Warehowz provides flexible fulfillment and storage options that help businesses dynamically manage inventory and improve delivery speed. Integrating Warehowz into the ShipTime ecosystem enables merchants and enterprise brands to gain greater control, visibility, and adaptability across the entire supply chain.
This acquisition aligns with ShipTime's long term vision to expand market presence across North America, invest in intelligent logistics technologies, and continue building a platform designed to help merchants Ship Smarter while exceeding modern customer expectations.
Delivering Value for North American and Enterprise Shippers
By adding Warehowz's extensive warehousing network, ShipTime provides customers with new opportunities to bring inventory closer to buyers and respond quickly to demand. For enterprise shippers in particular, this move strengthens ShipTime's ability to deliver:
- Faster fulfillment options through a large North American warehousing network
- Scalable capacity during peak seasons or inventory surges
- Enhanced U.S. last mile opportunities through greater proximity to end consumers
- Better cost control with storage on demand
- Increased operational flexibility for brands managing multi location or high volume inventory
These capabilities complement ShipTime's growing North American courier network, which includes trusted couriers such as FedEx, UPS, USPS, DHL, Uber, LSO, and many others.
"Modern logistics requires more than competitive courier options. Businesses need integrated solutions that connect fulfillment, warehousing, and delivery into a single, flexible ecosystem. Welcoming Warehowz into ShipTime marks an important step toward that unified future. Their North American presence and adaptive warehouse model strengthen our ability to expand further into the U.S. and deliver an end to end solution for brands that require speed, efficiency, and scalability at every stage of growth."
– Austin Lewis, CEO of ShipTime Canada Inc.
"We are pleased to announce that Warehowz will be joining ShipTime to offer a broader set of integrated solutions. As a leading logistics technology platform, ShipTime and their partner Paid offer a wealth of sophisticated resources across all facets of business. We are confident that this new combined team will afford us the opportunity to reach a larger audience, improve upon our existing platform and strengthen our valued client relationships. Above all, we are grateful to join such a fantastic group of professionals who share a goal of improving the logistics industry through technology-based solutions geared towards the modern world."
– Darrell Jervey, CEO of Warehowz Inc.
Strengthening ShipTime's North American Growth Strategy
ShipTime recently introduced its platform to U.S. merchants, bringing its technology driven shipping tools to a rapidly growing market of eCommerce and enterprise shippers. The acquisition of Warehowz accelerates this growth and establishes a strong foundation for continued investment in fulfillment, last mile delivery capabilities, and automated logistics workflows.
With warehousing, fulfillment, and shipping tools now combined within one platform, ShipTime is positioned to support merchants of all sizes with end to end logistics solutions for faster delivery, improved visibility, and better cost efficiency.
About ShipTime
ShipTime is a shipping platform built for everyone from small and medium-sized businesses, to larger enterprises, direct-to-consumer sellers, and online retail brands across North America. The company provides access to discounted courier options, practical shipping tools, and dedicated bilingual Heroic Support™. ShipTime's focus is to help merchants Ship Smarter by lowering costs, improving delivery reliability, and simplifying the shipping experience for modern business-to-business and business-to-consumer needs.
About Warehowz
Warehowz is a leading North American on demand warehousing and fulfillment marketplace connecting businesses with flexible storage and fulfillment capacity across a nationwide network of certified warehouse partners.
Website: www.shiptime.com
SOURCE ShipTime Canada Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/05/c7449.html
FAQ**
How does ShipTime's acquisition of Warehowz align with Paid, Inc. (PAYD)'s broader strategic goals for expanding its logistics technology platform in North America?
What specific advantages does Warehowz's extensive warehouse network offer ShipTime and Paid, Inc. (PAYD) in terms of enhancing fulfillment capabilities for enterprise customers?
In what ways does ShipTime plan to leverage the integration of Warehowz to improve its delivery speed and cost efficiency for merchants while aligning with Paid, Inc. (PAYD)'s mission?
How will this acquisition impact ShipTime's competitive positioning in the logistics market, especially against other providers supported by Paid, Inc. (PAYD)?
**MWN-AI FAQ is based on asking OpenAI questions about Paid, Inc. (OTC: PAYD).
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