Spain, one of the important economies in Europe, is the 15th largest e-commerce market in the world. According to Statista's data, the size of the Spanish e-commerce market is expected to reach $35.5 billion by 2024 and grow at a compound annual growth rate of 9.72%, reaching $56.46 billion by 2029. This trend not only brings unprecedented development opportunities for local e-commerce companies in Spain, but also provides broad space for international e-commerce companies to enter the Spanish market.

In this context, iMile announced its official entry into the Spanish market, marking a solid step in iMile's business layout in Europe. IMile aims to provide excellent logistics solutions for businesses and consumers in Spain and around the world through efficient, intelligent, and green logistics services.

Steady expansion of business, building a solid foundation through self built network

IMile's Spanish business is steadily advancing in stages to ensure improved service quality while expanding coverage. As of now, we have successfully achieved coverage of 75% of the population in Spain, reaching 24 provinces and over 5000 postal code regions across the country. It is expected to achieve 100% coverage throughout Spain by September 2025.

The first phase warehouse is located in the eastern part of Madrid city, with a superior geographical location. The warehouse is equipped with an experienced professional operation team, with an average daily order processing capacity of over 10000 orders. In terms of operation, efficient end-to-end processes are adopted to accurately sort and collect packages according to the driver's delivery route, avoiding secondary sorting needs and improving overall efficiency. The second phase warehouse will be officially put into use on April 1, 2025, and the delivery time and production capacity will be further improved at that time.

In order to build a high-quality and stable delivery network, iMile in Spain adopts strict screening criteria and carefully selects channel service partners to ensure professional standards and credibility. On this basis, incorporating refined operational strategies to further optimize overall operational efficiency. By building a high-quality self built delivery network, iMile Spain has achieved deep control and fine management of logistics processes, improved the flexibility and response speed of the logistics network, and ensured the safe transportation and accurate delivery of packages to the greatest extent possible.

Technology driven operation, achieving excellent logistics experience

Spain has a well-established logistics infrastructure and ranks 13th in the World Bank's 2023 Logistics Performance Index. In such a highly mature and competitive logistics market, iMile has achieved a high-level service with a 24-hour delivery rate of over 95% in the Madrid region through technological innovation and efficient operation.