Singapore global shopping platform ezbuy.sg announced today that they have raised a total of US$17.6 million in Pre-Series C funding.
This round of funding was co-led by several VC firms, including IDG, Ventech, Sky9, VKC, and CGC.
“The Pre-Series C funding cements ezbuy’s position as the leading e-commerce platform in Asia,” said ezbuy’s co-founder and CEO, He Jian.
“Our core mission since the start has always been to provide customers with the convenient access to shop for their favourite products from all over the world. The investment will enable us to continue strengthening our core verticals and pave the way to achieve this objective faster.”
The funds will be allocated to offer “quick and more reliable modes of localised services to customers”, and will be able used to “accelerate the expansion plans to more countries in the region as well as outside of Southeast Asia”.
Founded in 2010, ezbuy is a global marketplace for online retailers from countries like China, USA, Korea, and Taiwan. They are reported to have more than 3 million customers from Singapore, Malaysia, Indonesia, and Thailand.
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