Nocnoc opens door to quicker setup of cross-border e-commerce in Latin America

Nocnoc, which facilitates cross-border e-commerce between Latin American merchants and global sellers, raised US$14 million in Series A funding.

The company is headquartered in Uruguay with offices in Brazil, Mexico, Argentina, Colombia, China and Spain. Latin America’s cross-border sales grew 44% in 2022. The market is valued at $382 billion and expected to grow annually at a rate of 25% through 2025, according to Americas Market Intelligence.

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J&T Express establishes partnership with Carousell to provide convenient door-to-door delivery services in Singapore

June 15, 2023

Global logistics service provider, J&T Express, is pleased to announce its partnership with multi-category classifieds and recommerce marketplace, Carousell Singapore, to provide more convenient door-to-door delivery services for sellers and buyers. J&T Express Singapore is the first logistics service provider exclusively integrated into the Carousell Singapore platform to enhance its current online-to-delivery experience.

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2023 LATAM Commerce enablement report

June 15, 2023

The convergence of the LATAM mobile-first society, increased connectivity, and secular trends towards digital commerce and payments, along with the rapid adoption of Web 3.0 technologies, are presenting unique and highly attractive investment and business expansion opportunities. ComCap has been active in the technology-oriented space and this report is aimed at enhancing transparency and communication between the market players, as well as financial and strategic investors. The report is divided into four sections: E-commerce, FinTech, Logistics and Web 3.0.

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Salesforce Buys for Automated Customer Service

September 22, 2023

Salesforce is buying, which builds low-code, AI-powered e-commerce customer service agents.  You might have thought Salesforce could already do that, but presumably Airkit does it better.  It doesn’t hurt that the company founders sold a previous business to Salesforce, the company was partly funded by Salesforce Ventures, and the product is already listed on AppExchange.  Price was not announced.

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