Ever vigilant for an opportunity to expand existing markets or move in to new markets. FedEx was keen to exploit the synergies any such expansions might bring. Most notably, in 1984 FedEx acquired Kinko's. a large office and copying organization. opening up a whole new retail market for FedEx to tap into At the time of purchase, Kinko's had 1200 stores across the United States, 400 of which were open 24 hours, seven days a week. Such an acquisition also countered the move by arch rival UPS. which had purchased Mail Boxes Etc, in 2011.