Giftee Inc. entered into an agreement to acquire additional 49% stake in meuron Inc from ANRI No.2 Investment Limited Partnership, INTAGE Open Innovation Investment Limited Partnership, SBI Venture Investment Promotion Tax system Investment Limited Partnership, BEENOS Inc., Asahi Media Group No.1 Investment Limited Partnership, Caloo Co., Ltd., Yuma Umeda, BEENEXT1 Pte. Ltd. and Other minority shareholders for ¥141 million
January 17, 2023
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giftee Inc. (TSE:4449) entered into an agreement to acquire additional 49% stake in meuron Inc from ANRI No.2 Investment Limited Partnership, INTAGE Open Innovation Investment Limited Partnership, SBI Venture Investment Promotion Tax system Investment Limited Partnership, BEENOS Inc., Asahi Media Group No.1 Investment Limited Partnership, Caloo Co., Ltd., Yuma Umeda, BEENEXT1 Pte. Ltd. and Other minority shareholders for ¥141 million on January 18, 2023. giftee Inc. will acquire additional The board of directors of giftee Inc. approved the transaction.
The transaction is expected to close by January 25, 2023. meuron recorded net assets of -¥66 million, total assets of ¥25 million, net sales of ¥142 million and operating income of -¥84 million for the year ended July 31, 2022.
giftee Inc. is a Japan-based company principally engaged in the planning, development and operation of e-gift services for individuals, corporations and local governments. The main services include giftee service, giftee for Business service, eGift System service, and local currency service Welcome! STAMP. The giftee service allows an individual user to select an e-gift on the giftee application or a Website browser, purchase it by credit card or carrier payment and send it to those who receive it via social networking service (SNS). The giftee for Business can be used when a corporation gives a gift to its users through a campaign. The eGift System service allows corporations such as restaurants and retail stores to generate, distribute, sell, settle, and manage results for e-gifts. The Company also receives system usage fees from local currency issuers who have introduced the Welcome! STAMP local currency service.
Giftee Inc. entered into an agreement to acquire additional 49% stake in meuron Inc from ANRI No.2 Investment Limited Partnership, INTAGE Open Innovation Investment Limited Partnership, SBI Venture Investment Promotion Tax system Investment Limited Partnership, BEENOS Inc., Asahi Media Group No.1 Investment Limited Partnership, Caloo Co., Ltd., Yuma Umeda, BEENEXT1 Pte. Ltd. and Other minority shareholders for ¥141 million