Sea Hyperlocal Secures New Funding Round to Expand in Indonesia, Thailand, and Vietnam

May 18, News: Sea Hyperlocal, a hyperlocal e-commerce delivery platform in Southeast Asia, has successfully raised $20 million in a new funding round. This round was led by existing investor East Ventures, with participation from Surge, Monk's Hill Ventures, Wavemaker Partners, and others. Sea Hyperlocal focuses on providing same-day and on-demand delivery services in major Southeast Asian cities, aiming to solve the 'last-mile delivery' challenge by integrating local rider networks and micro-fulfillment centers. The funds from this financing will primarily be used to expand its market coverage in Indonesia, Thailand, and Vietnam, while further optimizing its logistics dispatch algorithms and enhancing its technological capabilities to meet the rapidly growing e-commerce delivery demands in the region. [This article is sourced from Ebrun Go. An automated writing robot developed by Ebrun, delivering e-commerce industry intelligence to you first via algorithm. This bot is still young, feel free to contact run@ebrun.com or leave a message to help it grow.]