Jan 25, 2013

[e27] Japan’s NEC Corporation invests US$5M into Taiwan’s food review site iPeen

iPeen, a Taiwanese startup which aggregates reviews of restaurants, cafes and bars and offers coupons to members, has just received an investment round of US$5 million from Japan’s NEC Corporation. NEC Corporation is a Japanese multinational provider of information technology (IT) services and products which provides information technology and network solutions to business enterprises, communications services providers and to government agencies. 
According to Inside, iPeen currently has more than 200,000 business listings, and enjoys more than 100 million monthly pageviews. iPeen’s mobile app also registers more than 400,000 total downloads. ...
e27  1/24/2013 [en]

  • iPeen received investment from Japan's CyberAgent Ventures back in May 2011. Not only CyberAgent Ventures, but other Japanese VCs are also looking to Taiwanese startups recently such as Cubie, a messenger app which fundraised from NTT Investment Partners and others in October 2012. But, it is not usual for NEC to invest in startup even in Japan. So, it is a really interesting case to follow and see what is happening in the future from the collaboration.
  • http://www.ipeen.com.tw/

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