xxxxnese Co., Ltd., which DX cross-border e-commerce, has raised a total of 340 million yen. Image
URL: xxxxnese Co., Ltd. Press release: September 26, 2024 xxxxnese Co., Ltd., a cross-border e-commerce DX company, has raised a total of 340 million yen in funding. Additional investment in infrastructure development, more free sales promotion and expansion of trade area beyond China
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(Headquarters: Chiyoda-ku, Tokyo, GENERAL PARTNER: Kazuma Ieiri, Ryosuke Kajitani) as the lead investor. The cumulative amount of funding will be 340 million yen. About xxxxnese The scale of global cross-border e-commerce is expected to grow tenfold from US$785 billion in 2021 to more than US$7.9 trillion* in 2030. Among these, Japanese products have won the trust of the world market with their excellent planning and quality, and have high potential in terms of product variety and cost performance. Needs are expected to expand significantly in the future due to increased awareness as the number of visitors to Japan increases. xxxxnese has digitized the traditional cross-border trade method and has achieved the ultimate reduction of risks and workload for sellers in China, which is said to be the most difficult hurdle for cross-border sales. In the two years since the service started, more than 2,100 shops have opened, offering more than 5,700 brands and more than 1.2 million items of fashion, hobbies, food and beverages, manga/anime goods, cosmetics, and other products that have Japan’s strengths. We operate one of the largest cross-border mall-type e-commerce services for China. In addition, we will utilize our know-how in cross-border logistics to provide offline expansion support and sales promotion support within China. *Source: Ministry of Economy, Trade and Industry, Commerce and Information Policy Bureau, Information Economy Division, “FY2020 Market Research Report on Electronic Commerce” Funding purpose Strengthening domestic sales channels in China In addition to selling at its own malls, xxxxnese plans to strengthen collaboration with malls in China where many users gather, and supply optimal product information to each mall. This allows Japanese sellers to deliver their products across the border to a wide range of users in China without having to do anything. Expanding into East Asia such as Taiwan, Hong Kong, Korea, and Thailand We will optimize the collected product information for each East Asian country and develop a sales platform. We collaborate with logistics companies to deliver Japanese products to East Asia in real time and at reasonable prices. Development of marketing platform in East Asia including China Following the reform of the cross-border system, overseas sales promotion, which had been a black box until now, was also reformed. We plan to develop a platform that will disclose consumption trend data and influencer costs in each country, and also allow users to view the expected effects of campaigns within each sales channel. Not only sales but also promotions are borderless. Build an inbound business platform using performance data We have built an inbound business platform that utilizes data based on mall-type cross-border EC and offline sales results and overseas consumers, and developed a business platform for not only overseas sales but also customers visiting Japan. List of investors (titles omitted, alphabetical order)
https://prcdn.freetls.fastly.net/release_image/148058/1/148058-1-8fe9a623a385983f4a5d2ab4d8afd762-860×860.png Vector Co., Ltd. Representative Director, Chairman and President Hajime Nishie Comment: We are confident that xxxxnese’s services, which provide a borderless platform regardless of country or region, are a powerful tool for disseminating to the world the wonderful charms of Japan that are not yet widely known. As is our company’s vision, we would like to continue to help companies like xxxxnese in “spreading good things to the world and making people happy.” Image
URL: https://prcdn.freetls.fastly.net/release_image/148058/1/148058-1-c65de0d10f57e03fe236a4cd50a349b6-860×860.png NOW Co., Ltd. Partner/Partner Hiroki Nakajima Comment: At a time when the coronavirus pandemic had not yet subsided, I met the
representative director, Mr. Gen, through an introduction from a friend, and it was a challenge to take on the difficult field of cross-border e-commerce, but through repeated discussions with the management team, I realized that we had a vision. I deeply sympathized with the company’s strategy and took the lead in investing in the company during its seed stage. I was impressed by the experienced management team including Mr. Gen, Mr. Higuchi, and Mr. Wang, their well-balanced teamwork, and their strong commitment to the business, and I remember being convinced that this team would not give up until the project was completed. I am. Japan has many excellent brand products, including not only manga and anime, but also apparel, cosmetics, furniture, and food, but these products have not yet fully reached consumers around the world, and at the same time, Japanese companies are also I believe that the current situation is that we have not sufficiently established distribution channels to consumers around the world. As a mall-type cross-border e-commerce company, xxxxnese provides an integrated solution that allows companies to sell overseas without any initial investment or additional work.Currently, more than 2,100 shops have opened and products are always available. With over 1.2 million items, we have grown into one of the largest cross-border e-commerce malls originating from Japan, and we believe that it will greatly contribute to increasing overseas sales of Japanese brands. Aiming to be a “borderless” platform where people, goods, and cultures can freely exchange, we will do our best to support xxxxnese’s further growth.
https://prcdn.freetls.fastly.net/release_image/148058/1/148058-1-1c74a464ec0875b1e99196bfcdc6e6e7-860×860.png New Commerce Ventures Co., Ltd. Representative Partner Kohei Okubo Comment: We decided to make this investment because we sympathize with the mission of Mr. Gen, Mr. Higuchi, and Mr. Wang of xxxxnese, which is “Borderless Platform – Creating a world without borders where people, goods, and cultures can freely exchange.” I am happy to have the opportunity to work with you again. xxxxnese is a company that builds an innovative cross-border EC platform mainly in Asia, starting with China. Cross-border e-commerce is a huge and rapidly growing market, and we look forward to working with ZOZOCHINA’s management team, who have a wealth of experience, to create a new type of platform that has never existed before. New Commerce Ventures will work together to support us in co-creating the future of cross-border commerce. We look forward to working with you to realize free exchange across borders.
https://prcdn.freetls.fastly.net/release_image/148058/1/148058-1-736b4c20003961c409da9d0268ea45d5-860×860.png United Co., Ltd. Investment Business Headquarters Capitalist/Manager Ikuya Yaegashi Comment: We invested in United in the last round, and every time I witness the business development capabilities and tenacity of the team, including Representative Gen, I feel truly confident. We have acquired users in China and grown our service by involving more than 2,000 brands, but with this funding we will further accelerate business expansion and expand our mission from cross-border e-commerce between Japan and China to xxxnese. Our company will continue to support the realization of the “Borderless Platform – creating a world without borders where people, goods, and cultures can freely exchange.” Company profile xxxxnese Co., Ltd. Established: February 22, 2022 Capital: 353,642,449 yen (including capital reserve) Representative: Representative Director Morihito Gen / Tomotake Higuchi Address: 3rd floor, Makuhari Techno Garden CB Building, 1-3 Nakase, Mihama-ku, Chiba City, Chiba Prefecture Business details: Cross-border expansion support business / Asian sales platform business / Influencer marketing platform business / Software development business Official website: https://xxxxnese.com/
