Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, November 14 2019 - 17:55
AsiaNet
Buyandship, an affordable way for online shoppers to ship parcels from the world, just launched in Australia
SYDNEY, Nov. 14, 2019 /PRNewswire-AsiaNet/ --

Customers can choose Buyandship for international shipping and deals, products, 
and exclusives from overseas merchants
 
Buyandship[https://au.buynship.com/], a cross-border e-commerce shipping 
services company based in Hong Kong, recently launched in Australia to offer 
worry-free international mail forwarding services to Australian online shoppers.

Founded in 2014, Buyandship provides global shipping services for e-commerce 
customers. They can choose the firm for international shipping and deals, 
products, and exclusives from overseas merchants. Customers can pay AU$22 for 
the first 2 pounds, and AU$9 per pound after the first 2 pounds in shipping 
fees, and receive parcels at home. Using the service, the parcels are fully 
tracked from end to end with an average delivery time of 7-12 working days from 
the arrival to the warehouse.

It currently operates collection and export warehouses in the US, the UK, 
Italy, Australia, Japan, South Korea, Thailand, Mainland China, Taiwan and Hong 
Kong. Scheduled flights from these warehouses back to Hong Kong are arranged on 
a weekly basis, while the delivery fee will be based on the parcel's actual 
weight (not parcel size).

Back in June this year, Buyandship has secured US$2.2 million in pre-Series B 
funding round led by existing investor Infinity Venture 
Partners[http://www.infinityventures.com/]. Other investors include 
Asia-focussed VC firm SQ Capital[https://www.sq-cap.com/] and unnamed strategic 
angel investors, besides Buyandship's key management. The money will be used to 
improve operational efficiencies and for market expansion.

After closing its Series A funding in mid-2017, it has expanded into Mainland 
China, Macau, Taiwan, Japan, India, Malaysia, Singapore, and the UAE. It boasts 
of more than 430,000 users.

Buyandship has already signed agreements with eBay, StockX, GLADD, Drop, and 
other merchants to support their Asia expansions.

As per a 2018 Australia Country Commercial Guide by Export.gov, 21% of 
Australians purchased products from international sellers in 2017, while 40% of 
goods were purchased from America, 32% came from Mainland China, and 22% from 
the U.K., mainly due to the increased product offerings from overseas merchants 
and cheaper prices. A recent industry report released by Australia Post, 
indicates that a quarter of Australia's cross-border purchases were Fashion 
related, followed by Consumer Electronics (17%) and Healthy & Beauty (15%).

Wilson Chan, Co-founder, and CEO of Buyandship, says that the majority of its 
users are primarily motivated by the enormous difference in prices: "Buying a 
Dyson cleaner on Australian online store costs around AU$800, but less than 
AU$450 from an overseas online store. At a discount rate of nearly 45 percent, 
customers naturally prefer to shop from overseas stores."

"Our goal is to build a borderless, international e-commerce network for our 
users, so they can easily and comfortably enjoy the best bargains from around 
the world through our service. When they need a cutting-edge, forward-thinking 
e-commerce logistics service, they think of Buyandship," he added.

SOURCE Buyandship