(NET ECONOMIC AND SOCIAL NEWS) ON JUNE 30, THE CROSS-BORDER E-COMMERCE ONE-STOP SERVICE PLATFORM "STORE SECRET" ANNOUNCED THAT IT HAD COMPLETED THE WHOLLY ACQUISITION OF 17TRACK, A LOGISTICS TRAJECTORY INQUIRY SERVICE PROVIDER. The store secretary stressed that 17TRACK will maintain an independent brand and operation. At the same time, 17TRACK will further receive full support from store secretary's products, technologies, services and funds.
This move will open up logistics tracking channels between hundreds of thousands of sellers and hundreds of millions of overseas consumers. At the same time, it will help store secretaries create a richer product matrix based on platform-level ERP systems, solve more industry pain points, and expand their business territory in the field of global e-commerce services.
This will also be another major event in the first half of 2021 after the store secretary completed the B rounds and B+ rounds of financing. In January 2021, the store secretary obtained the B round of investment of Dinghui VGC, GGV Jiyuan Capital and Kunlun Capital of 150 million yuan. After that, the secretary of the store secretary completed the B+ round of financing led by Gao Rong Capital of 135 million yuan.
IN THIS REGARD, LI HAOXONG, CO-FOUNDER AND CEO OF 17TRACK, SAID: "17TRACK HAS BEEN DEEPLY engaged IN THE LOGISTICS TRAJECT TRACKING INDUSTRY FOR MANY YEARS, ACCUMULATED A LARGE NUMBER OF LOGISTICS DATA AND GLOBAL SERVICE EXPERIENCE, AND CONSTANTLY EXPLORED NEW DEVELOPMENT MODELS. We are well aware of the brand strength and influence of the store secretary, so we are looking forward to this merger and acquisition to bring us new development opportunities and directions.
Du Jianyin, founder and CEO of the store secretary, said: "As important links in the e-commerce process, the two teams seem to do different things, but the core is to provide services for sellers and solve the pain points in the industry. This merger and acquisition is of great significance to us. Next, the store secretary will continue to expand the depth of the industry and accelerate the global layout.
As a B2C export e-commerce tool enterprise, the store secretary aims to help cross-border sellers improve work efficiency and provide one-stop services for e-commerce sellers. In addition to providing cross-border sellers with a series of functions such as product posting, order processing, inventory management and customer management, it also provides a series of special functions such as automatic inventory replenishment, intelligent customer service, order rules, freight trial calculation, logistics tracking, etc., which solves the core pain points of sellers' one-stop cross-platform operation and layout of the global market.
ACCORDING TO THE ONLINE ECONOMIC AND SOCIAL ENTERPRISE LIBRARY (COP.100EC.CN), 17TRACK WAS ESTABLISHED IN AUGUST 2013. THE FULL COMPANY'S FULL KNOWN AS SHENZHEN DIMENG NETWORK TECHNOLOGY CO., LTD., LEGAL REPRESENTATIVE DU JIANYIN, WITH A REGISTERED CAPITAL OF 1.4 MILLION YUAN. THE COMPANY IS A LOGISTICS TRAJECTORY INQUIRY SERVICE IN THE FIELD OF HAI E-COMMERCE. Merchants provide one-stop parcel inquiry services for e-commerce sellers and consumers in more than 220 regions around the world. The total number of app installations and web page registered users exceeded 36 million, and the number of inquiries exceeded 8 billion in 2020.
Founded in 2014, Store Secretary is an e-commerce SaaS service company. Its products include cross-border e-commerce ERP system "Shop Secretary ERP", Amazon refined operation system "Sailover", Southeast Asia local e-commerce ERP system "BigSeller", and domestic shared warehouse "small secretary". Cloud Warehouse and the global logistics trajectory query platform TrackDog, etc.
According to the "Electric Digital Treasure" e-commerce database (DATA.100EC.CN), from January 2021 to June 30, 2021, there were 19 investment and financing incidents in the field of domestic cross-border e-commerce service providers, with a total financing of more than 2.24 billion yuan, involving companies including: 17Track , Skyee, Digital Magic Cross-border, Store Secretary, Leading Star, Camel Mathematics, Speed Network E-commerce, Aike Technology, Pongo, Easy Net Innovation Technology, Zhiliu Technology, Mabang, Air Cloud Hui, Accumulation, Yishutong, Captain BI, Yicang Technology, etc.
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