Devolut leverages ecommerce growth in Latin America to develop reverse logistics tool | TechCrunch
News Summary
- Devolut provides an end to end returns solution for e commerce sellers in Latin America
- Devolut enables sellers a returns option that doesn t require boxes or labels through a network of what will be city points
- The company is also using AI to promote exchanges instead of refunds so that merchants can retain more revenue
- Today the company announced that it raised in pre seed funding Investors in the round include Seedstars International Ventures FJ Labs Far Out Ventures Pareto and Forum Ventures
- It is also testing its tool with Sally Beauty s stores in Mexico
With the explosion of ecommerce during the global pandemic, companies not only had to adopt Amazonlike shipping skills, but also how to coordinate and manage returns.In Latin America, the reverse [+4186 chars]
