Singapore’s e-commerce veteran ezbuy raises US$17.6M in pre-Series C funding round
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Singapore’s global shopping platform EZbuy.sg has raised US$17.6 million in pre-series C funding co-led by several regional venture capitalist firms.
Founded in 2010, EZbuy says it will use the funding to offer quicker and more reliable modes of localised services while further enhancing its product offerings. The capital investment will also be allocated for its expansion plans in the region as well as countries outside of Southeast Asia.
EZbuy co-founder/CEO He Jian says the company’s core mission has always been to provide customers with convenient access to shop for their favourite products from all over the world.
“The investment will enable us to continue strengthening our core verticals and pave the way to achieve this objective faster,” he says.
Questions & Answers
Q.Which specific companies co-led this pre-Series C funding round for EZbuy?
Which specific companies co-led this pre-Series C funding round for EZbuy?
The article states the funding was co-led by several regional venture capitalist firms but does not name any of them specifically.
Q.What are EZbuy's plans for the newly raised capital?
What are EZbuy's plans for the newly raised capital?
The funds will be used to offer quicker, more reliable localised services, enhance product offerings, and support expansion plans both within and outside Southeast Asia.
Q.What is EZbuy's core mission, according to its CEO?
What is EZbuy's core mission, according to its CEO?
According to CEO He Jian, the company's core mission is to provide customers with convenient access to shop for their favourite products from all over the world.
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