ShopperPlus, a Chinese e-commerce platform in North America, has completed a RMB 100 million Series A financing round! Accelerating market expansion!

According to foreign media reports, Canadian cross-border e-commerce company ShopperPlus recently officially announced a financing of 100 million yuan (about 20 million Canadian dollars). The funds from this round of financing will be used to expand product categories and improve the coverage of its own logistics warehouses. The lead investor in this round of financing is Celtic Asia, and the following investors include the Canadian Business Development Fund, the National Bank of Canada, Wish co-founder Danny Zhang, and former Sequoia China Managing Director Pan Min.

Zhan Xiaobo, the founder of ShopperPlus, said that the vision of ShopperPlus is to create a North American version of NetEase Yanxuan + JD Logistics, and he is very grateful for the support of Celtic Asia. In addition to capital support, Celtic Asia also provides support for ShopperPlus to integrate industrial chain and ecosystem resources.

It is learned that ShopperPlus has been continuously expanding in the Canadian market since its establishment. Currently, the platform has more than millions of registered users. In addition, in 2020, the website's annual PV exceeded tens of millions, and products such as office supplies and small household items are selling well in Canada.

Celtic Asia Venture Capital Managing Partner Chen Jie said that ShopperPlus has excellent operational capabilities and has established a channel from product selection to self-built logistics warehouses. Celtic Asia will assist ShopperPlus in quickly covering the entire Canada with a 24-48 hour delivery system and expanding its business development to mainstream cities in the United States.

ShopperPlus provides logistics services within 24-48 hours in Montreal, and has successfully expanded to other Canadian cities such as Toronto and Vancouver. It has achieved high profits without any financing before, and it is believed that with this round of financing, it will have greater room for development.

Editor ✎ Nicole/

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