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Tiger Global led a A$30m series B financing round in Shippit.

Synopsis

New York-based investment fund Tiger Global led a A$30m series B financing round in Shippit, a Sydney, Australia-based e-commerce logistics platform. Global Founders Capital, a German private equity firm,and Australian investor Jason Lenga also participated in a round. Shippit is considering expansion into the Philippines and Indonesia, too, and expects its Southeast Asian business to grow 100% year-over-year for the next three years at minimum.

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