--- title: "Cross-border eCommerce Enabler BuyShip Announces First Closing of $12 Million Series C Funding" type: "News" locale: "en" url: "https://longbridge.com/en/news/271736113.md" description: "Buy&Ship, a Hong Kong-based cross-border eCommerce enabler, has announced the first closing of its Series C funding round, raising $12 million. The funding attracted notable investors, including MLC Ventures and Cool Japan Fund, and will be used to enhance AI integration, pursue global acquisitions, and expand into the U.S. market. The company has seen significant growth, achieving over 60% YoY revenue growth in Taiwan and more than 100% in Singapore. CEO Sheldon Li emphasized the funding's role in accelerating their mission to automate the cross-border e-commerce value chain." datetime: "2026-01-07T04:28:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271736113.md) - [en](https://longbridge.com/en/news/271736113.md) - [zh-HK](https://longbridge.com/zh-HK/news/271736113.md) --- # 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. ## Related News & Research - [TemperPack Launches New Mailer to Replace Boxes for E-Commerce Shippers](https://longbridge.com/en/news/282534266.md) - [Black Cumin Seed Oil Market to Reach USD 47.9 Million by 2036, Driven by Standardization, Clinical Positioning, and Clean-Label Demand](https://longbridge.com/en/news/283109796.md) - [Aussie truckies warn industry faces imminent wipeout - and it will hit everyone hard](https://longbridge.com/en/news/282764077.md) - [Hidden costs of war: $8 trillion spent, trillions more in debt & long-term impact](https://longbridge.com/en/news/282735241.md) - [ZAWYA: Kanaa launches in Saudi Arabia, aiming to redefine local e-commerce experience](https://longbridge.com/en/news/282435194.md)