ShopRunBack raises US$900,000, signs deal with 4PX Express

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Thursday, 20 February 2020

French-Cambodian logistics firm ShopRunBack has raised US$900,000 in funding and has signed a strategic partnership with Shenzhen’s 4PX Express, partially owned by Alibaba.

ShopRunBack is a 'reverse logistics' company that aims to make e-commerce returns easier for the B2C seller.

It offers a full software environment to create a global return process integrated into e-commerce sites, as well as a complete platform to set up, monitor and analyse returns in real time. The company also provides other services such as quality checking, product grading, consolidation and intelligent re-routing.

ShopRunBack says 17 million returns are made to e-commerce platforms every day.