Kuajinghaoyun Raises CNY 100 Mn in Series A

Kuajinghaoyun, an emerging one-stop cross-border sales logistics platform, has recently raised over CNY 100 million in a series A. The main investor is Temasek investment (Pavilion Fund), and MV Capital serves as the financial adviser. According to the company, the fund will be used for product research and to provide more cross-border freight routes for small and medium-sized cross-border e-commerce sellers to improve logistics efficiency.

Founded in February 2021, Kuajinghaoyun targets millions of small and medium-sized cross-border e-commerce sellers, integrates high-quality cross-border logistics service providers in the industry through the digital platform, and provides real-time online services for sellers. More than 1000 service providers have reached agreements, and nearly 36,000 small and medium-sized cross-border e-commerce sellers are in cooperation with Kuajinghaoyun.

At present, Kuajinghaoyun's business covers European, American, Japanese and Southeast Asian markets. In 2021, the number of e-commerce users of the Kuajinghaoyun platform is expected to reach over 300,000. The company plans to expand the team and prepare for its future financing plan.