Dubai - Sharikat Mubasher: 4Partners, a leading provider of dropshipping services, secured $3.6 million in a funding round to tap into the UAE market and fuel its regional growth and expansion plans.
The company will utilize this investment to assist businesses of all sizes with its comprehensive platform and logistics to quickly launch fully operational online stores, a recent statement revealed.
Founded in 2017 in Russia, 4Partners addresses key challenges facing e-commerce entrepreneurs, providing access to millions of in-demand products without upfront purchasing in bulk, automated logistics requiring no partner involvement, and a cloud-based IT infrastructure.
4Partners aspires to revolutionize the e-commerce market in the Middle East and North Africa (MENA) region with simple and efficient tools for small and medium-sized businesses (SMEs).
Aleksandr Betra, CMO at 4Partners, said: “We are excited to launch our service in the UAE and offer a comprehensive e-commerce solution that empowers businesses to thrive in a competitive market. Our platform eliminates the complexities of logistics and inventory management, enabling our partners to focus on what they do best: selling and growing their brands.”
With warehouses in the UAE, Germany, the USA, Turkey, and China and over 7 million authentic branded goods from 753 suppliers worldwide, 4Partners enables online stores to offer a wide variety of items to customers without managing stock or shipping.