MyCloudFulfillment Received Funding 2 million USD Series A Round
MyCloudFulfillment announced that it is ready to take stand as No.1 leader in ASEAN fulfillment industry and ready to pioneer into the future of commerce. The company also pointed out that e-commerce industry has changed significantly due to gradual adoption of big data and the COVID-19 pandemic, resulting in the new future with ‘Data Commerce’. They also mentioned that Thailand is currently in the sweet spot for e-commerce, but there are three cautions that business owners should be aware of to become competitive in the future. In addition, MyCloudFulfillment has completed a 2 million USD Series A round of financing from ECG-Research, Gobi Partners, NVest Venture and SCB 10X. The investment will help the company broaden product development, build data-centric organization and leverage collected data to help fuel e-commerce growth in Thailand.