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Japan’s leisure booking site Asoview secures $5 million from travel giant JTB Group, others

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This is the abridged version of our original article in Japanese. Tokyo-based Asoview (previously known as Catarizm), the company behind an online leisure booking site under the same, announced today that it has partnered with Japanese travel agent company JTB Group. Upon this announcement, Asoview also announced it has secured 600 million yen ($5 million) funding in the round led by JTB Group with participation from YJ Capital, Jafco, and Globis Capital Partners. Asoview and JTB Group will join forces in online sales, running promotional campaigns to motivate more foreigners to visit Japan towards the 2020 Tokyo Olympic Games, as well as developing additional services such as benefit packages for businesses. Asoview was incorporated in March 2011. Since the launch of the service back in July 2012, Asoview has been providing 6,000 excursion programs in 300 genres in partnership with more than 2,000 companies nationwide in Japan. The company previously fundraised about 200 million yen (about $1.7 million) from Global Capital Partners and Jafco in March 2014. See also: Asoview partners with Yahoo Japan, proposes more weekend leisure options CNet Japan Startup Award nominees: Travel startups Asoview and Trippiece Translated by Masaru Ikeda

tomohisa-yamano-hiroki-furuno
From the left: Asoview CEO Tomohisa Yamano, JTB Group vice president Hiroki Furuno

This is the abridged version of our original article in Japanese.

Tokyo-based Asoview (previously known as Catarizm), the company behind an online leisure booking site under the same, announced today that it has partnered with Japanese travel agent company JTB Group. Upon this announcement, Asoview also announced it has secured 600 million yen ($5 million) funding in the round led by JTB Group with participation from YJ Capital, Jafco, and Globis Capital Partners.

Asoview and JTB Group will join forces in online sales, running promotional campaigns to motivate more foreigners to visit Japan towards the 2020 Tokyo Olympic Games, as well as developing additional services such as benefit packages for businesses.

Asoview was incorporated in March 2011. Since the launch of the service back in July 2012, Asoview has been providing 6,000 excursion programs in 300 genres in partnership with more than 2,000 companies nationwide in Japan. The company previously fundraised about 200 million yen (about $1.7 million) from Global Capital Partners and Jafco in March 2014.

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Translated by Masaru Ikeda

Providing booking services for weekend leisure activities, Japanese startup secures $2M

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See the original story in Japanese. Tokyo-based Catarizm, the startup behind online leisure booking site Asoview, announced today that it has raised about 200 million yen (or approximately $1.95 million) from Globis Capital Partners and Jafco. The startup will use the funds to enhance its booking management system and add call center representatives. Since its official launch back in April [1], the company has been providing booking services for weekend leisure activities like skydiving, rafting, and many others. The company secured a partnership with Yahoo Japan’s travel portal back in October, and we were told at that time that they had listed 1,500 excursion activities on site from over 460 companies. That figure has since grown to about 2,150 activities available from 775 companies. They also launched a finder app for sightseeing spot called Holipple back in December. Their potential competitors include Trippiece and PlayLife here in Japan, as well as San Francisco-based startup Peek which secured funding of $5 million earlier this month. What’s interesting about this space is how large the market size is. Catarizm’s CEO Tomohisa Yamano told us that the Japanese travel industry alone is worth about $17.5 billion. But if you factor in the leisure…

asoview_featuredimage

See the original story in Japanese.

Tokyo-based Catarizm, the startup behind online leisure booking site Asoview, announced today that it has raised about 200 million yen (or approximately $1.95 million) from Globis Capital Partners and Jafco. The startup will use the funds to enhance its booking management system and add call center representatives.

Since its official launch back in April [1], the company has been providing booking services for weekend leisure activities like skydiving, rafting, and many others. The company secured a partnership with Yahoo Japan’s travel portal back in October, and we were told at that time that they had listed 1,500 excursion activities on site from over 460 companies. That figure has since grown to about 2,150 activities available from 775 companies. They also launched a finder app for sightseeing spot called Holipple back in December.

Their potential competitors include Trippiece and PlayLife here in Japan, as well as San Francisco-based startup Peek which secured funding of $5 million earlier this month.

What’s interesting about this space is how large the market size is. Catarizm’s CEO Tomohisa Yamano told us that the Japanese travel industry alone is worth about $17.5 billion. But if you factor in the leisure industry as well, it’s as large as $622.6 billion. These figures include sales beyond just the reservation business they are focused on, but you get the idea.

I asked Yamano if he could be more precise about how they foresee their market potential. He responded by pointing out that Tokyo Disney Land had 2.75 million annual visitors back in 2012, and he expects they can acquire a similar volume of paying users.

So far the company headcount is less than 20 people, but they will grow to become a 40-person team as they pursue their sales target.


  1. This particular article/summary is written with many Japanese tech companies and startups in mind.  ↩

CNet Japan Startup Award nominees: Travel startups Asoview and Trippiece

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This is part four of our CNET Japan Startup Awards nominee rundown. The rest can be found here. In the past few years, there has been a surge of travel startups in the US. Trippiece and Asoview are looking to disrupt the archaic and monopolized industry in Japan. Trippiece is the most similar service to Gogobot in Japan. Gogobot, as many of you know, is the most visited travel startup in the US, beating out AirBnB and Hipmunk in uniques so far in 2013. Where Gogobot solely relies on social graphs for trip itineraries, Trippiece highlights all user-generated content and is planning to take it one step further than Gogobot by securing partnerships with major travel agencies [1]. Launched in March of 2011, the company has so far acquired more than 50,000 users. But the CEO admits they have a long way to go to meet milestones on their roadmap. They have a repeat user rate of 30% to 40%, and with over 60% of their overall users accessing their site through mobile, they are meeting the needs of Japanese travelers. Japanese internet user behavior is rapidly shifting and consumers are now more mobile than ever before with analysts predicting…

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This is part four of our CNET Japan Startup Awards nominee rundown. The rest can be found here.

In the past few years, there has been a surge of travel startups in the US. Trippiece and Asoview are looking to disrupt the archaic and monopolized industry in Japan.

trippiece
Trippiece

Trippiece is the most similar service to Gogobot in Japan. Gogobot, as many of you know, is the most visited travel startup in the US, beating out AirBnB and Hipmunk in uniques so far in 2013.

Where Gogobot solely relies on social graphs for trip itineraries, Trippiece highlights all user-generated content and is planning to take it one step further than Gogobot by securing partnerships with major travel agencies [1].

Launched in March of 2011, the company has so far acquired more than 50,000 users. But the CEO admits they have a long way to go to meet milestones on their roadmap. They have a repeat user rate of 30% to 40%, and with over 60% of their overall users accessing their site through mobile, they are meeting the needs of Japanese travelers.

Japanese internet user behavior is rapidly shifting and consumers are now more mobile than ever before with analysts predicting that by 2014, 60.2% of users will switch to smartphones. That’s almost a 150% rate of change since 2011. Trippiece, whose users are mainly mobile, is ahead of the game.

Asoview resembles the early days of Zozi, an adventure experience site. Asoview has over 460 partnerships, securing its biggest one thus far in Yahoo Travel. They are looking to fill the niche of unconventional travel activities such as skydiving and ice climbing, or also more mellow experiences like swimming with dolphins. Regrettably, there is no available information on profitability or user base right now for Asoview that we can pass on, but we’ll update you if we learn more.

We wish both Trippiece and Asoview the best of luck at the Cnet Japan Startup Awards on Tuesday!

Asoview
Asoview

  1. Includes JTB and other unnamed agencies. See CNet Japan, e27 for more information.  ↩

Asoview partners with Yahoo Japan, proposes more weekend leisure options

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See the original story in Japanese. In Japan, travel and leisure-related portals have been on the rise recently. Keeping with that trend, Tokyo-based Catarizm, the startup behind online leisure booking site Asoview, announced on Friday that it has partnered with Yahoo Travel, the travel-focused arm of Yahoo Japan. Since its launch back in April of 2013, Asoview has been providing booking services for skydiving, rafting, and other weekend leisure activities. Users are allowed to choose and book an activity out of the 1,500 programs available from the startup’s 460 partners. One of the remarkable aspects of the company’s launch was the involvement of Takao Ozawa. He is a serial entrepreneur who launched second-hand book and video marketplace EasySeek [1], established a professional baseball team at Rakuten, and invested in many emerging startups like Star Festival, Nanapi, and Tokyo Otaku Mode. He sold his social marketing agency Crocos to Yahoo Japan back in August of 2012, and joined YJ Capital (the investment arm of Yahoo Japan) to help cultivate its investment and e-commerce businesses. The company’s CEO, Tomohisa Yamano, reflected on when he met Ozawa for the first time: I knew him through a friend of mine when I launched the website. He…

asoview-2

See the original story in Japanese.

In Japan, travel and leisure-related portals have been on the rise recently. Keeping with that trend, Tokyo-based Catarizm, the startup behind online leisure booking site Asoview, announced on Friday that it has partnered with Yahoo Travel, the travel-focused arm of Yahoo Japan.

Since its launch back in April of 2013, Asoview has been providing booking services for skydiving, rafting, and other weekend leisure activities. Users are allowed to choose and book an activity out of the 1,500 programs available from the startup’s 460 partners.

One of the remarkable aspects of the company’s launch was the involvement of Takao Ozawa. He is a serial entrepreneur who launched second-hand book and video marketplace EasySeek [1], established a professional baseball team at Rakuten, and invested in many emerging startups like Star Festival, Nanapi, and Tokyo Otaku Mode. He sold his social marketing agency Crocos to Yahoo Japan back in August of 2012, and joined YJ Capital (the investment arm of Yahoo Japan) to help cultivate its investment and e-commerce businesses.

The company’s CEO, Tomohisa Yamano, reflected on when he met Ozawa for the first time:

I knew him through a friend of mine when I launched the website. He seemed to like me, and I joined his community of entrepreneurs. Obviously, I’ve got lots of advice from him. In the worst case, he said he could help me get employed in the bottled water business if the company failed.

Yamano previously worked with Recruit, a Japanese human resource and web service company which operates various booking sites. There he proposed the concept of a leisure booking site similar to Asoview, but it was not adopted. Perhaps they thought the market was too small or might conflict with their existing businesses.

Helping consumers enjoy their weekends

We featured PlayLife a week ago, which is another service that helps Japanese people find their leisure plans. When asked how his service is different, Yamano explained:

I decided to launch a travel-focused service at first, but it was unlikely to really address a need in the space because of many travel booking sites/apps available. Then I conducted a survey of 100 persons, and I recognized there’s a huge demand in helping them find what to do and where to visit at travel destinations.

However, several months ago, there were very few websites focused on niche leisure activities like rafting. Consumers were forced to rely on fragmented information resources such as blogs. Yamano recognized consumers need to find ways to enjoy their weekends, and started preparing for the website by partnering with 37 recreation planners and organizers. He says that their available options vary from outdoor activities to unusual experiences such as rides on a rickshaw, a limo, or a helicopter. He expected to acquire 1,000 orders a season at most, but it has already surpassed 5,000 orders to date.

What Asoview provides is similar to Japanese private lesson marketplace Cyta.jp. While there are many difficulties in a niche, commission-based business, Yamano told us their average sales price is 24,000 yen ($240), higher than that of major hotel booking sites.


  1. Subsequently acquired back in 2002 by Rakuten for about $13 million.