Buyandship

The company provides a parcel forwarding and proxy shopping service. Its business model is centered on a network of self-operated and dedicated warehouses in multiple countries, including the US, UK, Japan, and Canada. Customers can use these warehouse addresses when purchasing from international online stores. Buyandship then consolidates these packages and ships them to the customer's home country, charging based on the parcel's actual weight rather than volumetric weight. This consolidation service allows users to combine multiple orders from different countries into a single shipment, reducing overall delivery costs. The company also offers a proxy shopping service where it purchases items on behalf of customers for a service fee, handling communication with sellers and overcoming payment barriers.

Buyandship operates in 12 markets, serving a user base of approximately 3 million registered individuals and has handled over 100 million packages. The company targets both individual consumers and small-to-medium e-commerce sellers who source products from overseas. Revenue is generated from shipping fees and a flat 6% service fee for its proxy purchasing service. The platform also incorporates an AI-powered global price comparison tool to help users find the best deals.

The company has raised a total of $30.2 million over five funding rounds. A significant Series B funding round included a $10 million investment from the Cool Japan Fund in September 2023, followed by an additional $6 million in June 2024. In January 2026, Buyandship secured $12 million in a Series C round to fuel AI automation, pursue M&A activities, and support its planned expansion into the US market. The company's revenue was projected to exceed $50 million for the fiscal year ending March 2025.