Cross-border e-commerce digital API platform Doushabao Technology reaches cooperation with Shopee

Recently, the cross-border e-commerce digital API platform Dowsure Doushabao Technology (hereinafter referred to as "Dowsure") reached a cooperation with the leading cross-border e-commerce platform Shopee. Doushabao will provide Shopee cross-border sellers with one-stop funding solutions in the process of corporate development such as brand building and market expansion, helping cross-border sellers to expand their global business more conveniently and efficiently.

Under the influence of the global epidemic, cross-border e-commerce business has grown rapidly. At the same time, affected by objective factors such as rising logistics costs, the overall financing demand of cross-border e-commerce is more vigorous than before. As a leading company in the field of digital technology for cross-border e-commerce in China, Doushabao transforms data into corporate credit assets through a digital API platform, empowers the cross-border e-commerce financial industry, and helps small and medium-sized e-commerce companies on major cross-border e-commerce platforms to obtain financing.

Since its establishment, it has been favored by many domestic and foreign investment institutions for its outstanding technological capabilities. Recently, it announced that it has completed a round B financing of nearly 20 million US dollars. This round of financing will mainly be used to strengthen talent recruitment and continue to invest in technological capabilities to ensure the expansion of international markets and serve more cross-border merchants.

Shopee is a leading cross-border e-commerce platform, covering more than ten markets including Singapore, Malaysia, the Philippines, Thailand, Vietnam, Brazil, etc., and has established cross-border business offices in Shenzhen, Shanghai and Hong Kong, China.

In 2021, Shopee's total order volume reached 6.1 billion, a year-on-year increase of 116.5%. Shopee is committed to building a one-stop cross-border overseas solution to build the basic hard power of SLS logistics services, Chinese/multilingual translation, payment guarantee, and China Seller Center, provide traffic and incubation support, and integrate the resource aggregation of high-quality third-party partners to achieve every possibility of overseas expansion.

According to the authoritative mobile data analysis platform data.ai, in 2021 Shopee ranked first in the world in total shopping app downloads, first in total user usage time on the Google Play Store, and second in average monthly active users. It also ranked first in average monthly active users and total user usage time for shopping apps in Southeast Asia and Taiwan markets, and ranked first in total shopping app downloads and total user usage time, and second in average monthly active users in Brazil.

At the same time, Shopee has a wide brand influence and ranked sixth on YouGov's 2021 Global Best Brands list, making it a leading e-commerce brand.

After reaching cooperation with Amazon, eBay and other platforms, Doushabao has joined hands with Shopee to fill the financing gap for cross-border sellers in Southeast Asian and Latin American markets. Doushabao will also use its own advantages in digital technology capabilities, cooperate with banks and other institutions and major cross-border platforms to provide sufficient protection for Chinese cross-border enterprises to go global.

Cross-border e-commerce

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