credit : SellerNote
SellerNote, the operator of the digital forwarding service 'ShipDa,' announced on January 23 that it has successfully secured an investment of KRW 6 billion. In this investment round, existing investors, Bon Angels Venture Partners and KB Investment, were joined by a new investor, Nvester.
With this latest investment, SellerNote has attracted a total investment of KRW 13.6 billion, making it the largest investment in a startup engaged in international logistics business. Nvester, the lead investor in this round, explained the rationale behind the investment, stating, "The essence of distribution business lies in how well one can purchase good products at affordable prices, in other words, sourcing competitiveness. In the current universalization of international trade transactions, I believe that transportation is the key to maximizing sourcing competitiveness. We decided to invest in a startup that best understands the essence of distribution and logistics, and achieves results through digitalization."
CEO Lee Jung-won emphasized, "With this investment, we will further enhance the digital forwarding service that makes trade easier." He also mentioned, Amid the challenging economic conditions, we have received proposals from investment institutions that empathize with SellerNote's growth and vision, confirming our competitiveness once again.
ShipDa announced its launch of services in Singapore in January 2024, marking the beginning of its overseas expansion. The company plans to expand its domestic services, which were initially limited to imports, to include exports in the first quarter of 2024.
SellerNote : https://www.ship-da.com/