CAG Funds-4PX-3weidu form joint venture Company to provide ecommerce with integrated eFinance and payment system for North American, European, MENA markets.
4PX is China’s #1 cross-border e-commerce solutions provider. 4PX is in 50 different global locations and its major investors include Singapore Post Limited and Shenzhen Capital Group (one of the China government’s largest investment companies).
Its services include logistics, software, and consulting services. Over 20,000 merchants rely on various 4PX services to succeed in the e-commerce world. Today, 4PX is the market leader in China by revenues, orders processed, and overall scale in operations.
4PX has received numerous accolades such as Forbes Magazine’s prestigious “China’s Up and Comer” award and other awards from various media companies. In addition, 4PX is recognized as a Preferred Partner by e-commerce leaders such as eBay, Amazon, Alibaba, and others.
3weidu is an innovative eFinance and mobile eBusiness system. It is an up and coming new company and in just 3 years of operations has achieved $50 million valuation and growing exponentially.