Logistics

$10M for you to Buyandship to SEA

September 15, 2023
Image by 4045 on Freepik

Shop foreign goods with Buyandship! This Hong Kong-based cross-border company lets you shop from different countries and get goods delivered faster and cheaper.

How? They’ve got 11 overseas warehouses in Southeast Asia, East Asia, Europe, and the US. And they just raised a $10M Series B!

  • Launched in 2014, they’re active across 11 countries and regions, operate 11 overseas warehouses, and have 1.72M registered users. 

Investor check. Cool Japan Fund, a public-private fund backed by the Japanese government,  led the round. 

👕 The world at your hands

It sucks when some brands aren’t available in your country. I mean, who wants to pay for costly shipping fees, slow delivery times, damaged goods…you get it. 

Buyandship makes the whole process easier—you can buy from shops and check out items using their platform!

  • They’ve got Kpop merch, F&B products, clothes. You can buy from brands like Walmart, Tory Burch, Diesel, and more. 
  • Save that $$$. Shipping fees are based on weight. 

🚛 How it works

Buyandship has weekly flights to make sure all your goods are transported to their main Hong Kong hub, then shipped to you.  

Don’t know what to shop for? They’re building an AI-powered recommendation system based on your user behavior. 

  • Oh, and they also launched an automated shopping assistant to boost their order processing capacity.

Secure your package. They have an add-on service to make sure your parcels arrive in good condition. 

🤖 More shopping for everyone?
They’ll automate operations and improve their AI and machine learning tech. 

  • Oh, and they’ll also widen their coverage in Southeast Asia and South Korea!

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