SORABITO Co., Ltd. announced that it has received ¥260 million in funding from Spiral Ventures Japan LLP, Marketenterprise Co.,Ltd, Chibagin Capital Co., Ltd., and other investors
May 09, 2018
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SORABITO Co., Ltd. announced that it has received ¥260 million on May 10, 2018. The company issued common stock in the transaction. The transaction also included participation from Spiral Ventures Japan LLP, Marketenterprise Co.,Ltd (TSE:3135), Chibagin Capital Co., Ltd., and several other investors. The company issued equity through a third-party allocation method.
MarketEnterprise Co., Ltd is a Japan-based company engaged in Internet reuse business through operating purchase and sales of reuse goods based on Internet. The Company focuses on reuse that does not generate unnecessary items among 3R (reuse, reduce, and recycle), and conducts business that specializes in the Internet. The Company operates general counter Website by the name of takakuureru.com, as well as other purchase specialty websites. It has three types of purchase approaches, including home delivery purchase, over the counter purchase and business trip purchase approach. It also sells reuse goods by the name of ReRe at Internet auction provided by Yahoo Japan Corporation, as well as Amazon, Rakuten, eBay and other E market places.
SORABITO Co., Ltd. announced that it has received ¥260 million in funding from Spiral Ventures Japan LLP, Marketenterprise Co.,Ltd, Chibagin Capital Co., Ltd., and other investors