Nov 10, 2014

[The Bridge] KDDI invests $113M, partners with 11 internet companies to better engage smartphone users

Japan’s Nikkei reported earlier this morning that Japanese telco KDDI will partner with 11 internet companies to provide the former company’s subscribers with an integrated portal menu. By integrating a user base of 40 million monthly visitors in total using services provided by these companies, KDDI wants to compete against Yahoo Japan which has one of the largest user bases in the Japanese internet industry. 
The article says that partnering companies include Weathernews, iStyle (a company behind cosmetics buzz site @Cosme), and Navitime Japan (transit navigation and updates), AppBroadcast (a company behind game media site GameGift, Natasha (a company behind j-pop culture site Natalie, acquired by KDDI in August), Hatena (social bookmark service), and Luxa (funraised from KDDI in October last year). ... 
In a series of these partnering efforts, KDDI also announced that it has acquired Nanapi (lifehack site operator, we learned that it has been acquired for about $72.6 million through our recent interview.) and BitSeller (mobile app developer). Furthermore, KDDI said it has invested in internet startups like Jorte (calendar app developer) and Vasily (a company behind fashion coordination app iQON)The total amount of these investments is worth 12 billion yen (about $113 million). ...
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The Bridge 10/16/2014 [en]

memo
  • Combining acquisition, minority investment, and partnership, KDDI seems to be trying to do un-heard of scale of experiment to create an ecosystem for mobile apps. It is really interesting how the concept will bring value to the telco and evolve in the near future. 

Nov 6, 2014

[Tech In Asia] Softbank announces partnership with ad tech startup Geniee

Softbank, Japan’s robot-loving telco, today announced a business tie-up with Tokyo-based ad tech startup Geniee. Starting next month, Softbank will launch a supply-side advertising platform (SSP), in collaboration with Geniee, which the wireless carrier hopes will give a boost to its internet advertising business. As part of the deal, Softbank will purchase a minority stake in Geniee that accounts for 32.9 percent of the startup’s outstanding shares. ... 
Geniee’s RTB network facilitates 20 to 30 billion impressions per month – by processing a mind-boggling one trillion monthly bid requests. ...
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Tech In Asia 10/14/2014 [en]

memo
  • Existing investors who have invested from 2011 to 2013 include Gree Ventures, Yahoo Japan, and Opt, an online ad agency. Geniee seems to have a clear strategy to have a capital alliance with Internet related companies who could bring clear business synergy.
  • http://en.geniee.co.jp/

[Tech In Asia] Japanese messaging app developer Quan closes series A funding for further ASEAN expansion

Quan, a Tokyo-based messaging app developer that makes games and stickers for a variety of popular chat apps, announced the closure of its series A round earlier today. The funding – rumored to be in the millions of dollars – comes from existing benefactors Daiwa Corporate Investment and East Ventures, who are also joined by Dentsu Digital Holdings, IMJ Investment Partners, Mitsui Sumitomo Insurance Venture Capital, and Senshu Ikeda Capital. ... 
Mizuno says that Quan’s stickers have been downloaded more than 100 million times. Between its apps and localized games, the startup has seen more than 15 million downloads. ...
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Tech In Asia 10/20/2014 [en]

memo
  • LINE opens sticker shops for third party developers. And, it is one of the important revenue source for LINE. For other chat apps or SNS apps, stickers will become more important too. Quan has already been well positioned in the competition in not only Japan but also Thailand. Since the business may not be easy to differentiate, speed to enter into other South East Asian market would be key for the startup.
  • http://quan-inc.jp/

[The Bridge] Japan’s home recommendation platform Ietty raises $1.9 million

Ietty is a Japanese startup that provides an alternative to conventional house hunting. The startup announced today that it has fundraised about 200 million yen ($1.86 million) from YJ Capital and Incubate Fund. Coinciding with this, YJ Capital CEO Takao Ozawa and Incubate Fund partner Keisuke Wada will join the management board of the company. ... 
When a user submits criteria for a home and a preferred date to visit candidates on the platform, they will receive a selection of property options from real-estate agencies. A user who then visits a property will receive a reward of 1,000 yen ($9.30) from the platform. ...
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The Bridge 10/20/2014 [en]

memo
  • Ietty raised around US$ 500k in October 2013 from mixi's VC arm, I Mercury. It is interesting to see how the startup can compete in the crowded house search services.
  • https://ietty.me/