Buyandship, a Hong Kong-based worldwide cross-border e-commerce facilitator, secured an additional US$6 million in its Series B round headed by Altara Ventures.
Venture University, AVA Angels, and KSK Angels (established by Keisuke Honda) participated as well.
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The new funding will allow Buyandship to reach into new Southeast Asian regions, improve the user experience during product search and buy, strengthen its AI-enabled comparison tool, and further streamline operations.
Since its funding, Buyandship has successfully entered the Vietnam market, implemented a Robotic Process Automation (RPA) model for its virtual personal shopper business, saving 39 times the man hours, and integrated an AI-powered recommendation system in its community, resulting in a 66% increase in product clicks and a 93% YoY increase in new sign-ups.
About Buyandship
Founded in 2014, Buyandship is a Hong Kong-based business that offers worldwide shipping services to clients who want to easily and comfortably shop in the US, UK, Japan, Korea, China, Taiwan, Australia, Italy, Thailand, and Canada.
