{"id":64953,"date":"2022-05-10T09:27:57","date_gmt":"2022-05-10T09:27:57","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=91479"},"modified":"2022-05-10T09:27:57","modified_gmt":"2022-05-10T09:27:57","slug":"eurora-solutions-is-participating-in-the-world-mail-express-emea-conference","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/eurora-solutions-is-participating-in-the-world-mail-express-emea-conference\/","title":{"rendered":"Eurora Solutions is participating in the World Mail & Express EMEA conference"},"content":{"rendered":"
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Eurora management team: (from left) Marko Lastik (founder), Anneli Aljas (CFO), Egon Veerm\u00e4e (COO).<\/h5>\n<\/div>\n
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Eurora Solutions raises $40M in Series A to tackle e-commerce shipping delays caused by EU regulation changes.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

TALLINN, Estonia, May 10, 2022 (GLOBE NEWSWIRE) — Eurora Solutions<\/a>, an Artificial Intelligence\/Machine Learning-backed (AI\/ML) cross-border e-commerce compliance platform, is pleased to announce that its management team will take part in the World Mail & Express EMEA conference between 10-12 May in Dubai, United Arab Emirates.<\/p>\n

The Company\u2019s attendance follows Eurora\u2019s oversubscribed $40m Series A round, announced last month. Eurora plans to use the funds for global expansion, including in the Middle East, where rapid and high growth in the sector is expected – between 2016 and 2020 alone, the size of the e-commerce industry quadrupled in the region.<\/p>\n

On Wednesday 11th<\/sup> of May, Eurora\u2019s COO, Egon Veerm\u00e4e, will present the company introduction titled “Reshaping Cross-Border Trade with AI-Based Solutions,” which will give an overview of Eurora\u2019s AI\/ML-based e-commerce compliance platform that automates tax, compliance and customs services and can be used by online sellers, marketplaces, logistics and postal companies, and tax and customs authorities.<\/p>\n

Eurora\u2019s COO, Egon Veerm\u00e4e, said<\/strong>: “I look forward to introducing Eurora at this leading e-commerce conference. Our platform is already used by hundreds of clients worldwide helping with tax and customs procedures. We view the Middle East as a priority market, and I\u2019m confident that we\u2019ll be able to find new potential partners that could benefit from Eurora\u2019s platform and add value to our existing customers.”<\/em><\/p>\n

Eurora\u2019s platform automatically processes 5,000 requests per second with up to 96% accuracy, the highest level of accuracy, speed, and automation available on the market. It operates at a fraction of the time and price of hybrid or manual code allocation solutions commonly used today. It assigns e-commerce products an appropriate HS code, calculates the applicable VAT and duty amounts, and automatically creates electronic declarations for duties and taxes via simple API integration.<\/p>\n

Interested parties can learn more about Eurora’s proprietary e-commerce compliance platform at Eurora\u2019s conference booth no 15 located at the InterContinental Dubai Festival City.<\/p>\n

The following representatives of Eurora will be present at the WMX EMEA and available for meetings:<\/p>\n