Tokyo-based iStyle (TSE:3360), the company behind Japan’s leading online cosmetics portal @Cosme, announced today that it has invested an undisclosed sum in MiCHi, a startup providing an e-commerce platform focused on handmade nail tips under the same name. ...continue reading ...
The Bridge 9/8/2014 [en]
- Both companies are targeting female market. However, @Cosme mainly provides service in Japan and MiCHi sells made-in-Japan nail tips to foreign countries. There may be various types of synergies.