East Ventures on Instagram: "As former online sellers, Liu Yi Shu and Ng Yi Ying have suffered from the expensive cost of cross border logistics that could take up to 45% of the product’s capital. Furthermore, 30% of the ordered items were shipped wrongly, either the wrong size or defective. These problems still exist until today. . All the hassles they faced then inspired them to build @allsomeglobal in 2018. The service seeks to remove the painful steps sellers face from sourcing international suppliers, offshore quality assurance, secured storage, pick and pack, door-to-door delivery, and parcel tracking, particularly for products from China. It can reduce cross-border fulfillment and logistics cost by at least 40%. . Today, the company has established a network of 250 virtual warehouses in China and Malaysia and served 50 clients across Southeast Asia. The company could handle 120,000 parcels deliveries daily. . With this fresh fund, it is expanding to Indonesia, the largest country in the region with huge e-commerce potential. . We believe that AllSome Fulfillment’s team is building the right playbook to accelerate and optimize the supply chain of SEA online retail market, unlocking the true potential of commerce in the region. . Link: bit.ly/EVallsome . #eastventures #startup #venturecapital #logistics"