Fashion EC, LASO Raises 200M Yen From DCM / Venture Now

LASO, EC site for fashion from overseas, conducted allocation of new shares of 200 million yen to US based venture capital DCM. ...

The company will uses the proceed for web site design, system development, and recruiting in marketing.

LASO was founded at August 22, 2006 operating LASO, a fashion commerce site selling fashion items around the world gathered by its dedicated buyers. ...

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Venture Now 3/19/2013 [jp]

memo

• BUYMA and waja provide similar service that sells fashion goods which buyers in foreign countries purchase. BUYMA operator, Enigmo went public last year and fashion commerce is gaining attention recently, so these two services may be considering IPO in the near future. But one of the current major concerns for these services would be yen which is getting weaker rapidly now.
• http://b.laso.jp/