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SELLER NOTE Secures KRW 6 Billion Investment for Digital Forwarding Service ShipDa

2024-01-23 < 1 min read

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SELLER NOTE Secures KRW 6 Billion Investment for Digital Forwarding Service ShipDa

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The South Korean company SELLER NOTE, operator of the digital forwarding service ‘ShipDa,’ has successfully secured an investment of KRW 6 billion. This investment round included participation from existing investors BonAngels Venture Partners and KB Investment, with NVESTOR joining as a new investor.

This latest funding brings SELLER-NOTE’s total accumulated investments to KRW 13.6 billion. Jeon Hyung-soon, an executive from NVESTOR who led this investment round, stated, “The essence of the distribution business lies in how efficiently one can purchase quality products at a low cost. In today’s era of normalized overseas trade, the digital forwarding industry is attractive due to its potential to maximize the competitiveness in sourcing overseas products and enhance operational productivity.”

Lee Jung-won, CEO of SELLER-NOTE, remarked, “This funding will enable us to further refine our digital forwarding service, making trading more accessible. Despite the current investment slowdown, our ability to secure funding demonstrates SELLER-NOTE’s continued growth and vision, reaffirming our market competitiveness.”

ShipDa announced its international expansion with the launch of its services in Singapore in January 2024. The company also plans to broaden its domestic services, which were initially limited to imports, to encompass both imports and exports by the first quarter of 2024.

[Korean Logistics Startup News]


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