Shop2U Announces Received $100 Million Investment, Becoming a Leading E-Commerce Company with Business Expansion for the Global Marketplace

Image Source: AsiaOne

Shop2U Announces Received $100 Million Investment, Becoming a Leading E-Commerce Company with Business Expansion for the Global MarketplaceNew York, United States - March 16, 2023 — Shop2U, a global leader in emerging e-commerce marketplaces, has officially it has received $100 Million in investment from several well-known Venture capital institutions. The new funding will help its platform accelerate business growth and further expand its market share.Shop2U has revealed its plans to use the new funding to sign up with leading global companies in the areas of home and lifestyle, mother and baby care, and digital products and personal care. Part of the funding will also be used to further develop the company's internal infrastructure and strengthen its position in key markets such as Southeast Asia, Australia, New Zealand and Japan, with the aim of accelerating the e-commerce company's global expansion.

Source: AsiaOne