Buy&Ship completed a $12 million Series C round financing, introducing Mitsubishi Warehouse and MemeStrategy as shareholders
Buy&Ship completed a $12 million Series C round of financing, introducing new shareholders such as Mitsubishi Warehouse and MemeStrategy, while existing shareholders also increased their investment. The financing will accelerate the application of AI technology in cross-border e-commerce, promote global mergers and acquisitions, and expand into the U.S. market, as well as initiate preparations for an IPO application. Since the Series B financing, the purchasing business revenue has grown by 100%, with revenue in the Taiwan and Singapore markets increasing by over 60% and 100%, respectively. The platform uses an AI-driven product discovery engine to optimize the user shopping experience
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