Investors including SBI and Sugi chipped in to help Inagora, the operator of cross-border e-commerce marketplace Wandou, raise $48.4m.
Japan-based e-commerce services provider Inagora Holdings has received ¥5.3bn ($48.4m) from backers including medical product manufacturer Sugi Holdings and financial services firm SBI Holdings.
XJ Holding, the cross-border investment subsidiary of Chinese-state owned investment firm Citic Group, also took part in the round.
Founded in 2014, Inagora manages a business-to-business-to-customer platform called Wandou that supplies items manufactured in Japan to China-based buyers. The company also covers areas such as customer service, logistics, marketing, payment processing and product translation.
The funding…
