🏹ITOCHU, strategic business investment in Inagora Co., for transboundary EC business in China
ITOCHU will implement strategic business investment as an equity-method affiliate company and enter the cross-border EC business through Inedora Co., Limited, which is mainly engaged in transboundary EC business for China, through third-party allocation capital increase and others.
Through strategic business investment in Inagora this time, we will utilize it as an EC platform and fully enter into the daytime crossing market.
Utilizing ITOCHU’s and its group companies’ merchandise and solutions, we will accelerate the growth of Inagora and expand transactions for the cross-border e-commerce market with a view to deploying to regions other than China such as Southeast Asia.
https://www.itochu.co.jp/ja/news/press/2017/171122.html
http://news.kddi.com/kddi/corporate/newsrelease/2017/11/22/2803.html