Tokyo-based Papelook, the company behind a photo collage app under the same name, announced today that it has raised 120 million yen (or $1.12 million) from Japanese investment firm Jafco. Since its launch of an iOS app in 2011 followed by an Android version in march of 2013, the company has acquired 13 million downloads in total to date worldwide. ...continue reading ...
The Bridge 10/14/2014 [en]
- Photo apps are no more hot topic like a few years ago, however Papelook has been steadily growing to reach such a large number of users. As written in the article, Papelook will try to monetize the user base by implementing an online printing service.