Flexport received a new round of $260 million in financing from Shopify
Ryan Peterson, founder and CEO of digital freight forwarder Flexport, recently announced that it had received $260 million in financing from Shopify. In February 2023, Flexport launched the Flexport application on Shopify to help Shopify sellers manage and track inbound sea freight. It is understood that the Flexport application is the first milestone of Flexport’s strategic partnership with Shopify, which aims to provide SMBs with the technology and tools they need to grow their business globally.
Nigeria's e-commerce market will exceed $22 billion in 2024
According to foreign media reports, led by e-commerce giants such as Jumia, Nigeria’s e-commerce industry is on an accelerated growth track and is expected to soar to a staggering $22 billion by 2024. Behind this prosperity comes the increasing popularity of the Internet and smartphones, as well as improvements in digital payment systems and logistics infrastructure.
Shopee cooperates with Indonesian designers to export local high-end brand products
Recently, Shopee Indonesia has launched the HEB program in cooperation with well-known Indonesian designers to provide opportunities for local fashion products to enter the world market. Currently, 60 well-known Indonesian brands and fashion designers have joined.
In addition, Shopee has also launched Eight Faces of High-End Brands to increase the export of products from well-known brands and fashion designers in Indonesia. At the same time, the 60 brands that have participated in the HEB program also have the opportunity to participate in the export program to enter the Southeast Asian, East Asian and Latin American markets.