SaaS has been the favor of capital for a long time.
Chinese e-commerce SaaS platform Jijia (Chinese: 积加ERP), announced that it completed the Series A+ round of financing, bagging CNY 132 million from Fosun RZ Capital and Worldwide Logistics Group. This round was over followed by eGarden Ventures, Seas Capital and Yunqi VC, with existing investors like Z Capital and Lighthouse Capital continuing to pour money in.
To date, the ERP-integrated e-Commerce digital platform has received CNY 340 million in total in the Series A financing round.
The proceedings would be used in product development and technological innovation. According to the company, it will further deepen product iterations and service upgrades, and accelerate the construction of high-quality omnichannel SaaS ERP products.
Founded in 2017 and headquartered in Shenzhen, Jijia ERP specializes in providing cross-border research analytics and development tools to cross-border sellers. It aims to build a full closed-loop cross-border e-commerce ecosystem with partners, and fully empower cross-border sellers.
"Cross-border e-commerce faces multifront challenges over years, from the complex and ever-changing international environment, to the difficulties caused by the long operation chains. With the help of digitalization, Jijia ERP continues to optimize the operation mode and management process, and we look forward to working together in the future to create more value for cross-border e-commerce sellers and to empower many Chinese brands to go abroad smoothly," said Worldwide Logistics Group who led this round of funding.
Other cross-border e-commerce SaaS providers include Ginee, Irobotbox (Chinese: 赛盒科技), Dianxiaomi (Chinese: 店小秘), ECCANG (Chinese: 易仓科技), LINGXING (Chinese: 领星), and MABANG ERP (Chinese: 马帮ERP). See more players in this field below.
EqualOcean has previously completed the writing of the 2022 Chinese brands expanding overseas research report, which starts from the background and development history of Chinese brands going abroad to sorting out the driving factors behind such a decision. Besides, it addresses the motivation of going abroad and the main challenges that may occur in the process. At the same time, the report focuses on the service providers that enable other brands to expand overseas and explores the important criteria for them to stand out.
Check our report on 2022 Chinese Brands Expanding Overseas here.