East Ventures, Derianto Kusuma and Several Investors Provide Funding of 27,7 Billion Rupiah for AllSome Fulfillment

Startups in the field of packaging and shipping (fulfillment) Malaysia based "AllSome Fulfillment" recently received funding in venture round worth $1,94 million or equivalent to 27,7 billion Rupiah. This funding round was led by East Ventures with the involvement of a number of other investors, including Derianto Kusuma (ex Co-Founder & CTO of Traveloka) as well as two investors in the previous round of Y Combinator and SOSV.

This investment will be focused on accelerating the company's mission to meet the needs fulfillmentE-commerce cross country. This includes developing business networks to countries in Southeast Asia. This startup was founded by Ng Yi Ying (from Malaysia) and Liu Yi Shu (China) in 2018.

Through developed services, AllSome want to reduce costs fulfillment and cross-country logistics up to 40%. Currently they have built a network of 250 virtual warehouses in China and Malaysia, and serve 50 clients in Southeast Asia. Every day, it can process shipments of up to 120 thousand packages.

"As former online merchants, we understand that services fulfillment always expensive. AllSome Fulfillment is basically made to make the service affordable to all merchants who will use the service fulfillment wherever they need. AllSome Fulfillment has put a lot of effort into building a network fulfillment wide area to serve online merchants who want to ship their products," said Ng Yi Ying, Co-Founder and CTO of AllSome Fulfillment.

AllSome Fulfillment was created as an intermediary between traders and buyers who respectively sell and buy goods from abroad, especially China. Their services eliminate all the things that make it difficult for online merchants, from finding suppliers of goods, quality checks, safe storage, packaging, delivery to consumers, to package tracking features.

For shoppers, AllSome Fulfillment eliminates the need to open multiple sites just to track the items they buy, as the service allows them to monitor shipments using their phone number.

East Ventures partner Melisa Irene said, "The AllSome Fulfillment team developed the right guidelines for speeding and optimizing shipping lanes in the Southeast Asian online retail market. By enabling online merchants in Southeast Asia to have access to product availability and logistics expertise from China, and with build ability fulfillment local decentralized, this will unlock the true potential of trade transactions in the region."