News / ShipBob boosts war chest to increase its global footprint and tech armoury

Investors’ pursuit of the e-commerce fulfilment sector is boosting ShipBob’s expansion plans.

Armed with a fresh cash infusion, the e-commerce logistics provider wants to expand its international footprint and invest more in technology.

At the end of June, ShipBob hauled in $200m in a fresh fundraising round, which drove its valuation beyond $1bn and was the second campaign to bolster its war chest in less than a year, after raising $68m in September.

Funding is relatively easy to come by at this point, ...