- AfterShip, a Hong Kong-based tracking platform for e-commerce businesses, raised $66m in Series B financing
- The round was led by Tiger Global with participation from Hillhouse Capital’s venture arm GL Ventures
- The company intends to use the funds to increase international hiring, develop new e-commerce products, and continue US market penetration
- AfterShip provides shipping and tracking solutions for businesses ranging from home entrepreneurs to multinational corporations
- Profitable since its launch, the company has grown to handle more than 6 billion shipments annually through more than 740 partner carriers without sales or marketing support
- In addition to its shipment tracking platform, AfterShip features apps that service customers from the beginning through the end of their purchasing journey