Cross-border eCommerce Enabler BuyShip Announces First Closing of $12 Million Series C Funding

(Hong Kong, 5 January 2026) — Buy&Ship, the leading Hong Kong-based cross-border eCommerce enabler, today announced the first close of its Series C funding round, successfully raising US$12 million (approximately HK$93.6 million). The funding attracted high-profile investors, including MLC Ventures (Mitsubishi Logistics Corp. Ventures), DLK Advisory, and MemeStrategy (Stock Code: 2440.HK), with strong follow-on investments from Cool Japan Fund and Altara Ventures.This funding round underscores the capital markets’ strong confidence in Buy&Ship’s business model and execution capabilities. The company will turbocharge the deep integration of AI technologies in cross-border e-commerce, pursue global mergers and acquisitions, expand aggressively into the U.S. market, and initiate preparations for a public listing.Since its Series B round, Buy&Ship has delivered impressive growth. By forging multiple strategic partnerships, including with Mercari, Japan’s largest C2C online marketplace, Buy&Ship drove a 100% year-on-year increase in the company’s proxy-shopping revenue. By continuing to deepen its presence in Taiwan and Southeast Asia, launching direct Japan-to-Taiwan shipping services, and simplifying product features to optimize the overseas shopping experience, Buy&Ship achieved over 60% YoY revenue growth in Taiwan and more than 100% YoY in Singapore.Buy&Ship eliminates the friction of global shopping through a deeply integrated, proprietary tech stack. Our platform begins with an AI-powered discovery engine that leverages LLMs and a proprietary dataset to surface global product opportunities for users. With a single click, the Buy&Ship virtual shopping assistant activates our automated backend: AGV-powered warehouses and intelligent logistics AI to manage complexities through auto-filling customs forms and optimizing delivery. This Series C funding will accelerate our mission to fully automate the cross-border e-commerce value chain, solving the market’s core need for both intelligent discovery and truly frictionless fulfilment.Sheldon Li, Co-Founder and CEO of Buy&Ship, said, “This funding round not only validates our innovative leadership in cross-border e-commerce but also injects powerful momentum into our global expansion. With the networks and resources of our investors behind us, we will fast-track AI optimization to deliver a seamless cross-border shopping journey, enabling consumers to effortlessly access premium products from around the world. Buy&Ship remains committed to providing next-generation cross-border e-commerce services.”Eric Or, Chief Ecosystem Development Officer of Hong Kong Science and Technology Parks Corporation (HKSTP), said, “Congratulations to Buy&Ship on securing the first close of its Series C funding round. As a proud member of our Elite Programme specialising in AI-powered cross-border e-commerce, Buy&Ship exemplifies how Hong Kong’s innovation and technology (I&T) ecosystem empowers ambitious ventures to scale globally and further demonstrates the city’s commitment to developing into an international I&T hub. HKSTP remains dedicated to supporting innovators like Buy&Ship as they accelerate growth and bring local innovation power to the world stage.”Hiroko Okutani, General Manager, Corporate Planning Division, Mitsubishi Logistics Corporation, said: “Mitsubishi Logistics Group has participated in Buy&Ship’s latest funding round, recognizing the company’s clear vision and scalable business model. We believe that Buy&Ship is well positioned to help overseas consumers seamlessly and at scale access Japanese e-commerce products, which have seen growing demand in overseas markets, particularly across Asia in recent years. By leveraging our global logistics network, we aim to contribute to Buy&Ship’s continued enhancement of corporate value.”For corporate image, please visit: https://bns.is/3Upu4V1.