Aug 14, 2013

[Sd] Japanese flea market app secures investment of $3M just 6 weeks after launch

Tokyo-based United, the company behind homescreen decoration app CocoPPa, announced today that it has partnered with Kouzoh. You may recall that Kouzoh is the mobile commerce company which recently developed a flea market app called Mercari. 
As part of this partnership, United will invest 300 million yen (approximately $3 million) in the flea market company, thus taking a 14.5% stake in the company. ...
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Sd 8/13/2013 [en]

memo
  • CocoPPa is growing rapidly to reach 12 million users, among whom 83% are located outside of Japan. Kouzoh can expect CocoPPa's user base to expand to global market. 
  • http://united.jp/
  • http://mercari.jp/

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