Investors are branching out to boost the e-commerce industry. The trend seems to be trending toward heavy investment over the next few years.
The rush to online shopping is drawing fresh investor attention as the coronavirus pandemic supercharges digital demand.
E-commerce logistics and technology provider ShipBob Inc. raised $68 million to expand its fulfillment network and add business-to-business service shipping palletized goods to retailer distribution centers and stores, the company said Monday.
The Series D funding round, led by SoftBank Group Corp.’s Vision Fund 2, comes as backers are investing millions in ventures aimed at helping businesses handle soaring online orders.