JAFCO Invests $6 Million In Japanese Groupon Clone Luxa

Like everywhere else, the Japanese market is full of Groupon clones. Market share-wise, the “original” Groupon (Groupon Japan) is leading after it acquired one of its local clones earlier this year. It’s followed by Piku, the first Groupon-like service in this country. But Japanese venture capital companies still see room for even more coupon services.… Continue reading JAFCO Invests $6 Million In Japanese Groupon Clone Luxa

Japan’s First Daily Deal Service Piku Raises USD7.3M VC Round

Japan’s first start-up operating deal-of-the-day website Piku Media[J] announced today that they completed the allocation of new shares worth USD7.3M to Germany-based VC fund Rebate Networks GmbH (co-founded by the owners of Germany’s largest social network service studi.vz[G]), Global Venture Capital, DIT Partners and an undisclosed investor. This fundraising was arranged by Tokyo-based tech start-up… Continue reading Japan’s First Daily Deal Service Piku Raises USD7.3M VC Round