AcrossB, a cross-border logistics platform, has secured 2.4 billion KRW in Pre-A series investment aimed at facilitating its international market expansion.

Target Information

The cross-border logistics platform service, AcrossB, led by CEO Lee Seong-woo, has successfully secured 2.4 billion KRW in a Pre-A series investment round. This financial infusion will enable AcrossB to expand its cross-border logistics services into international markets. The platform utilizes advanced technologies, including cloud computing and machine learning, to streamline e-commerce logistics across borders, providing comprehensive support for businesses aiming to operate globally.

AcrossB's logistics platform assists companies in overcoming complexities and high costs associated with entering global markets. By utilizing this platform, businesses can achieve integrated sales channel management, automate processes, optimize inventory delivery based on demand forecasting, minimize overseas shipping costs, and address customer service issues effectively. Various companies, including Koni Byelin (parenting), Clio (beauty), PPB Studios (beauty), JKND (fashion), KREAM (fashion), and HM International (K-Pop), are leveraging AcrossB's services to engage in cross-border e-commerce.

Industry Overview

The cross-border e-commerce sector in South Korea is currently witnessing unprecedented growth, with a market expansion rate double that of the domestic e-commerce segment. Despite this promising growth, Korean companies hold less th