Yoren
Yoren invests in fund managed by Asu Capital Partners
Supporting the expansion of global startups from Japan into the Chinese market ……
[Image: https://prtimes.jp/i/132049/7/resize/d132049-7-b1e7575cceb0b4541e7c-0.png&s3=132049-7-4807b99fa81645ca0b6ff5e2868a8677-1511×367.png ]
Yoren is a Japanese startup based in China that provides strategic consulting business, data-based analytics business, CRM system development and operation business, and e-commerce service operation business, and manages a total of more than 50 million members. Company name: New Designed by Tokyo Ltd., business locations: Shanghai, Chongqing, Wuhan, and Tokyo) is a venture capital firm that supports startups aiming for the global market from Japan, mainly targeting the pre-seed and seed stages. We are pleased to announce that we have made an investment in “As Capital Partners No. 1 Investment Business Limited Liability Partnership” (hereinafter referred to as ACP 1 Fund), which was established by Partners (Head Office: Tokyo, Representative Directors: Hideo Natsume and Luo Cheng Lee, hereinafter referred to as ACP). Masu.
ACP is a startup that has a global mindset from its seed stage and has set its sights on overseas markets. We aim to support the development of global startups from Japan and to produce global startups from Japan.
Yoren’s vision is to “connect cultures and create a world where people can understand each other,” and since its founding, Yoren has aimed to expand its business in the Chinese market. Based on his own
experience, we believe that ACP’s investment strategy of supporting entrepreneurs with multicultural backgrounds who aim to become “Japan to Global” is highly compatible with Yoren.
In addition, Yoren will invest in the ACP No. 1 Fund as a business partner, leveraging his track record of providing support ranging from market entry strategy planning to actual business operations, mainly in the digital domain of the Chinese consumer market such as retail and IP. We intend to support the expansion of the first company into the Chinese market. Through this partnership, we hope to contribute to the success of ACP’s portfolio companies and Japanese startups in their overseas expansion.
-ACP Overview-
Company name: Asu Capital Partners
Business content: Investment in startups from pre-seed to seed stage with the aim of “Japan to Global”
Head office location: Shinjuku-ku, Tokyo
Representative: Hideo Natsume, Rusei Lee
URL: https://asu.vc
-Company Profile-
Company name: Yuren Information Technology (Shanghai) Co., Ltd. Representative: Osamu Kaneda (Representative Director and CEO) Business headquarters location: 20F, Honghui International Plaza A, No. 1600 Zhongshan West Road, Xuxuan District, Shanghai
Japan branch location: Toranomon Towers Office 19F, 4-1-28 Toranomon, Minato-ku, Tokyo
Number of employees: 183 (as of the end of September 2023)
URL: https://yo-ren.com/#/
Business content: Data-based analytics business, CRM system
development and operation business, EC service operation business -Inquiries regarding this matter-
Company name: Yuren Information Technology (Shanghai) Co., Ltd. Business headquarters location: 20F, Honghui International Plaza A, No. 1600 Zhongshan West Road, Xuxuan District, Shanghai
Japan branch location: Toranomon Towers Office 19F, 4-1-28 Toranomon, Minato-ku, Tokyo
Email：pr@yo-ren.com
More details about this release:
https://prtimes.jp/main/html/rd/p/000000007.000132049.html