About Cross Border E-Commerce
Companies included in Cross Border E-Commerce sector
B2B and B2C e-commerce companies that import or export products from/to other countries, logistics platforms that facilitate cross border shipping & delivery, payment companies that allow transactions in various currencies, cross-border price comparison and product discovery sites are also included. Companies that enable cross border sales by providing business solutions and analytics are also part of the scopeCompanies excluded in Cross Border E-Commerce sector
Traditional Online Retail and Marketplace companies that provide international shipping as an option to consumers. Also excludes e-commerce enablers that do not exclusively deal with cross border e-commerce businessMarket Map of Cross Border E-Commerce
Reports related to Cross Border E-Commerce
Cross Border E-Commerce - Sector Report
Edition: August, 2026 (63 Pages)Cross Border Commerce - Sector Report
Edition: October, 2025 (64 Pages)Cross Border Commerce Investor Landscape
Edition: May, 2025 (12 Pages)Top Companies in Cross Border E-Commerce
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Online marketplace connecting global buyers with manufacturers, suppliers, and exporters | 1999 | Public | - | ||
Online retailer of multi-category consumer products | Hangzhou (China) | 2012 | Series C | $111M | |
Platform offering cross-border commerce and payment solutions | Dubai (United Arab Emirates) | 2017 | Seed | $6.64M | |
Provider of cross-border logistics solutions for international shipments | Gurugram (India) | 2022 | Series A | $15.5M | |
B2B marketplace platform offering multi-category products | Hong Kong (China) | 1970 | Acquired | - |
Companies founded year-on-year in the Cross Border E-Commerce sector
12 new startups have been founded so far in 2026 in the Cross Border E-Commerce sector. 51 Cross Border E-Commerce startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 12 |
2025 | 13 |
2024 | 17 |
2023 | 26 |
2022 | 45 |
2021 | 39 |
2020 | 51 |
2019 | 51 |
2018 | 46 |
2017 | 45 |
Companies founded across countries in the Cross Border E-Commerce sector
China has 197 Cross Border E-Commerce startups, the most by any country, followed by India which has 179 startups and United States which has 121.
- Total Number of Companies
Country | No. of companies |
|---|---|
China | 197 |
India | 179 |
United States | 121 |
United Kingdom | 71 |
Japan | 41 |
South Korea | 35 |
Singapore | 23 |
United Arab Emirates | 18 |
Germany | 14 |
Vietnam | 12 |
Stage-wise distribution of the Cross Border E-Commerce sector
Out of the total 976 Cross Border E-Commerce companies, 233 have secured funding. Among them, 81 have reached Series A or higher, and 52 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 976 |
Funded | 233 |
Series A+ | 81 |
Series B+ | 52 |
Series C+ | 42 |
- 975+ Total Companies
- $3.01B+ Total Funding
- 230+ Funded Companies
- 10+ IPOs
- 10+ Acquisitions
- 5+ Reports
Funding Trends in the Cross Border E-Commerce sector
Total funding year-on-year in the Cross Border E-Commerce sector
The Cross Border E-Commerce sector saw a total funding of more than $1.89B in the last 10 years. The most amount of funding was in 2021 at more than $471M. There has been a total funding of $38.6M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $38.6M |
2025 | $56.6M |
2024 | $40.2M |
2023 | $113M |
2022 | $346M |
2021 | $471M |
2020 | $168M |
2019 | $124M |
2018 | $210M |
2017 | $323M |
Total funding across countries in the Cross Border E-Commerce sector
In the last 10 years, Cross Border E-Commerce startups in China have recieved the highest funding among all countries - $1.07B. United States follows with $191M and India with $154M.
- Total Funding
Country | Total Funding |
|---|---|
China | $1.07B |
United States | $191M |
India | $154M |
United Kingdom | $130M |
Japan | $71.1M |
Singapore | $68.1M |
Germany | $58.1M |
South Korea | $16.7M |
Brazil | $4.44M |
Thailand | - |
Total funding amount raised by stage in the Cross Border E-Commerce sector
Over the last 10 years, the Cross Border E-Commerce sector have seen $83M into Seed Stage funding rounds, $818M into Early Stage funding rounds and $890M go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $890M |
Early Stage | $818M |
Seed Stage | $83M |
Post IPO | $24M |
Debt | $3.05M |
ICO | $1.1M |
Grant | $40K |
Recent Funding Rounds in Cross Border E-Commerce
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2248 | Jul 07, 2026 | and 1 more | |
Seed | 9972 | Jun 25, 2026 | ||
Series A | 1142 | Jun 24, 2026 | ||
Seed | 4125 | Jun 22, 2026 | ||
Seed | 7450 | May 28, 2026 |
Top Investors in Cross Border E-Commerce
Investor | Location | Top Portfolio Companies |
|---|---|---|
Ho Chi Minh City (Vietnam) | ||
Beijing (China) | ||
Noida (India) | ||
Hong Kong (China) | ||
Menlo Park (United States) |
M&A activity in Cross Border E-Commerce
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 26, 2026 | ||
Business Acquisition | Oct 22, 2025 | - | |
Business Acquisition | Jun 27, 2022 | ||
Business Acquisition | Nov 24, 2021 | ||
Business Acquisition | May 10, 2021 |
Acquisition trends in Cross Border E-Commerce
Here are the acquisition trends in Cross Border E-Commerce:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 1 |
2024 | - |
2023 | - |
2022 | 1 |
2021 | 2 |
2020 | 1 |
2019 | 3 |
2018 | 2 |
2017 | 2 |
IPOs in Cross Border E-Commerce
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 29, 2023 | Euronext Exchange (Euronext) | |
Nov 08, 2023 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 11, 2022 | Hong Kong Exchanges (HKG) | |
May 12, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Mar 22, 2021 | Aquis Stock Exchange (AQSE) |
Colleges which produce the most Cross Border E-Commerce companies
Companies founded by alumni from top colleges in the Cross Border E-Commerce sector
Most number of Cross Border E-Commerce startups have been founded by alumni from Massachusetts Institute of Technology, BITS Pilani and IIM Bangalore.
College | No. of companies |
|---|---|
Massachusetts Institute of Technology | 3 |
BITS Pilani | 2 |
IIM Bangalore | 2 |
IIT Bombay | 2 |
IIT Delhi | 2 |
Nanyang Technological University (NTU) | 2 |
National University of Singapore (NUS) | 2 |
University of Oxford | 2 |
University of Warwick | 2 |
Ben-Gurion University of The Negev | 1 |
Total funding in companies founded by alumni from top colleges in the the Cross Border E-Commerce sector
In the last 10 years, INSEAD and Tel Aviv University graduates' Cross Border E-Commerce companies have raised the most funding among top colleges, and MIT Sloan School of Management alumni are third.
College | Total Funding |
|---|---|
INSEAD | $100M |
Tel Aviv University | $100M |
MIT Sloan School of Management | $41M |
Nanyang Technological University (NTU) | $20.2M |
Booth School of Business | $20M |
National University of Singapore (NUS) | $20M |
University of Chicago | $20M |
IIT Delhi | $17.5M |
IIM Bangalore | $16.2M |
University of Pennsylvania | $10M |


