Passport, a provider of international parcel shipping services, has raised $12 million in a Series A round to build out its parcel supply chain network for ecommerce and DTC brands. Funding for the round was secured by M13 and included participation from Resolute Ventures, Precursor, Kleiner Perkins, RiverPark and Republic.
Amazon has reportedly adjusted the search algorithm on its marketplace in such a way as to favor results more profitable to itself, including its own house brands competing with third-party sellers, according to a report in the Wall Street Journal, a charge which the company denies.
Selling cross-border has become a major moneymaker for corporations and small businesses alike. Still, many merchants find the thought of exporting daunting. Here are four simple steps to make international shipping a breeze