AfterShip, a Hong Kong-based package tracking platform for online retailers, raised $1m in Series A funding.
IDG Capital Partners made the investment.
Publicly launched in July 2013 by Teddy Chan, CEO, AfterShip provides tracking APIs and Track Button widget to help online retailers add package tracking functionality to their stores. The company’s solution allows online retailers to get the latest delivery status of all shipments in one place, and notify customers of delivery updates automatically.
It has integrated with 180+ carriers worldwide, with over 15,000 users (including Groupon Goods, Etsy, Zalora, Lamido, Wish).
The company intends to use the funds to develop delivery analytics tools for online retailers to monitor the shipping performance, identify delayed shipments, and estimate the delivery time more accurately, as well as to further enhance the free Track Button.
FinSMEs
23/04/2014