Sep 21, 2012

SNS Connecting People By Goods, Sumally Raises 150M Yen From Lead Capital And Opt / Venture Now

Sumally was founded in April, 2010. It raised 80 million yen for an angel round in spring of the last year. ...

Sumally is a social networking service allowing people to share what they have or what they want. The service was launched on September last year. Current registered users are around 70,000. A number of post of "have" and "want" reaches 8 million.

It has users from overseas including US and Europe which shares 15%. ...

It plans to add marketplace feature to let users not only communicate but also sell/buy. ...

Venture Now 9/18/2012 [jp]

  • It looks like Pinterest but focusing on goods. It has been said that Pinterest-like photo sharing service has high affinity with e-commerce, but any service has not been successful yet. It would be interesting if Sumally will be the first player to succeed in this field.

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