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Miguel Cordon · · 1 min readShipping platform AfterShip banks $66m in Tiger Global-led round
Hong Kong’s AfterShip, an ecommerce shipping and tracking solutions provider, said it raised US$66 million in its latest fundraise.
More funding details
- Lead investor: Tiger Global
- Additional investors: Hillhouse Capital’s venture arm GL Ventures
- Stage: Series B
More company updates
- AfterShip said it will use the new funds to hire talent globally, develop new ecommerce products, and continue its US market penetration.
- The company claims to have been profitable since its launch in 2012 and says it handles more than 6 billion shipments annually through more than 740 partner carriers.
- Its latest round follows its US$1 million series A raise in 2014 from IDG-Accel.
- In addition to its shipping and tracking platform, AfterShip also offers post-purchase engagement products, sales and marketing solutions, and a mobile app.
For more coverage of the company, head here. You can also click on the link below to view key details about the company, as well as its funding history.
Editing by Jaclyn Tiu
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