Buyandship secures a US$10 million strategic investment from Cool Japan Fund to enhance its global cross-border e-commerce platform.
Target Information
Buyandship is a prominent global cross-border e-commerce platform headquartered in Hong Kong. The company specializes in providing users with international shipping services, allowing them to purchase goods from various global retailers and have them delivered directly to their doorstep. With an established presence and user-friendly interface, Buyandship aims to simplify the online shopping experience for customers seeking products that may not be readily available in their local markets.
Founded to bridge the gap between consumers and global e-commerce opportunities, Buyandship has garnered attention for its innovative approach and customer-centric services. The platform not only facilitates shipping but also offers additional features such as package consolidation and tracking, making it a valuable resource for cross-border shoppers.
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Industry Overview in Hong Kong
The e-commerce industry in Hong Kong has seen significant growth over the past few years, driven by increasing internet penetration and a shift in consumer behavior towards online shopping.
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Photoneo → Not specified as a distinct target entity for the funding.
2023
Cool Japan Fund
invested in
Buyandship
in 2023
in a Series B deal
Disclosed details
Transaction Size: $10M