Monday, September 10, 2012

Yahoo Japan Establishes Venture Fund / Nikkei

3:12 AM by Bilal MuazinNo comments
Yahoo enters into venture capital business. Through the VC subsidiary launched recently, it invests in startups mainly of smartphone-related business, Internet advertising, and cloud computing. ...

The VC subsidiary, YJ Capital operates 1 billion yen of fund which is contributed by Yahoo entirely. ...

Nikkei 9/9/2012 [jp]

memo
  • Since Yahoo Japan refreshed the management team in this April, it has taken many important actions including partnership with CCC, DVD rental store chain, Tabelog, restaurant review, and CookPad, recipe site much more rapidly than before with a slogan, "Bakusoku", or detonating velocity. The amount is not so large, but it is interesting to see what kind of startups it will invest.

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