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Dowsure raised $20 million fueling growth for e-commerce in China

February 23, 2022
Source: fintecbuzz.com fintecbuzz.com
News Snapshot:
Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more, unleashing the potential lending size of more than CNY 150 billion annually. Shenzhen-based Fintech startup Dowsure recently closed its USD 20 million Series B financing round, which is led by an undisclosed global top-tier strategic investor, and followed by VenturesLab, Qianhaiyifang, and existing investor Plug & Play China. Cross-border e-commerce market has received numerous attentions in the year of 2021, with more than 6 million sellers on Amazon and over half of...
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Tags: alliance | Amazon | API | bank | Business | capital | cash | China | Chinese | consumer | credit | data | digital | e-commerce | eBay | finance | fintech | Guangdong | investment | manufacturing | Shenzhen | Software | supply chain | technology | venture capital

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