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Japanese investment fund SoftBank has expanded its position in the logistics sector after leading a new fundraising round for US e-commerce fulfilment start-up ShipBob.
ShipBob announced this week it had secured $68m in new capital, led by the SoftBank Vision Fund, which would be invested in its software platform and warehousing network.
The company offers fulfilment services to shippers selling goods across marketplaces like Amazon, Walmart, Shopify, BigCommerce, Wix and Squarespace, as well returns logistics, inventory management and financing solutions.
It particularly targets ...
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