South African e-commerce startup TUNL gets funding to accelerate growth of its exports platform
TechCrunch | Tage Kene-Okafor - Dec 13, 2023
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- TUNL, a South African parcel shipping platform, has secured $1 million in pre-seed funding from investors.
- The platform aims to help e-commerce merchants save between 50% and 80% on international shipping costs.
- TUNL has grown 35% month-on-month since its launch in 2022 and plans to expand in other African markets.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The success and growth of TUNL demonstrate the demand for affordable international shipping solutions for e-commerce merchants in South Africa and other emerging markets. By reducing shipping costs and offering flexible options, TUNL has the potential to empower small and medium-sized businesses to expand their reach and tap into larger consumer markets overseas.
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