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Japan’s online coding bootcamp platform TechAcademy acquired for $5 million

Takeshi Hirano 2016.02.07

This is the abridged version from our original article in Japanese. Tokyo-based United (TSE:2497), the Japanese listed company focused on developing mobile apps and adtech platforms, announced on Wednesday that it will acquire a whole stake in Kiramex, a Japanese startup behind online crowdsourced programming school service TechAcademy. According to disclosed information, the listed company will acquire Kiramex for about 600 million yen (about $5.1 million) through stock swap and payment in cash. This deal is expected to be closed on February 19th. Since its launch back in May of 2010, Kiramex had been offering a Groupon-like group-buying platform called Kaupon, starting as the second business of its kind in Japan. Riding a wave of popularity, the company secured angel investments only a month after launch, followed by $2.4 million in funding from Globis Capital Partners in September the same year. However, the Japanese group-buying industry subsequently became fiercely competitive and saturated because of the number of similar services continuously coming online. In 2013, the situation forced Kiramex to withdraw from the group-buying business (ownership of the Kaupon platform was subsequently handed over to Japanese internet company Cybridge). Prior to shutdown of its group-buying business, the team launched online crowdsourced…

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

Tokyo-based United (TSE:2497), the Japanese listed company focused on developing mobile apps and adtech platforms, announced on Wednesday that it will acquire a whole stake in Kiramex, a Japanese startup behind online crowdsourced programming school service TechAcademy. According to disclosed information, the listed company will acquire Kiramex for about 600 million yen (about $5.1 million) through stock swap and payment in cash. This deal is expected to be closed on February 19th.

Since its launch back in May of 2010, Kiramex had been offering a Groupon-like group-buying platform called Kaupon, starting as the second business of its kind in Japan. Riding a wave of popularity, the company secured angel investments only a month after launch, followed by $2.4 million in funding from Globis Capital Partners in September the same year. However, the Japanese group-buying industry subsequently became fiercely competitive and saturated because of the number of similar services continuously coming online. In 2013, the situation forced Kiramex to withdraw from the group-buying business (ownership of the Kaupon platform was subsequently handed over to Japanese internet company Cybridge).

Prior to shutdown of its group-buying business, the team launched online crowdsourced programming school platform TechAcademy in 2012. It has acquired more than 7,000 aspiring programmers as students to date. Additionally, it’s been adopted by about 100 companies for their in-house employee training. In partnership with the new parent company United, Kiramex aims to expand the TechAcademy business further by leveraging the former’s marketing expertise and efforts.

masayuki-murata-yozo-kaneko — From the left: Kiramex CEO Masayuki Murata, United President/COO Yozo Kaneko

Translated by Masaru Ikeda
Edited by “Tex” Pomeroy

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Japanese quiz app BrainWars snags $2.8 million in funding from Line and others

Takeshi Hirano 2014.10.10

See the original story in Japanese. Tokyo-based TransLimit, the startup that develops social quiz app BrainWars, announced on Thursday that it has fundraised 300 million yen (approximately $2.8 million) form Line Ventures, United, East Ventures, Skyland Ventures, and Genuine Startups. Line Ventures is a subsidiary of messaging company Line, focused on managing a $10 million investment fund called ‘Line Game Global Gateway.’ After start-up in August, the fund has already invested in Japanese gaming company Gumi as its first portfolio company. See also: Japanese startup Translimit raises $100,000 to launch social quiz app Japanese startup launches social quiz app ‘BrainWars’ Japanese quiz app BrainWars ranks in the app store top charts As for BrainWars, during the five months following its launch on May 14, over 3 million downloads of the app from across the world have taken place. Coinciding with this announcement, TransLimit secured a partnership with Line and will “line up” a new game title using the Line user base. The gaming company also unveiled a planned development of a smartphone media business with United, another investor in this round.

translimit-team-line — The Translimit team

See the original story in Japanese.

Tokyo-based TransLimit, the startup that develops social quiz app BrainWars, announced on Thursday that it has fundraised 300 million yen (approximately $2.8 million) form Line Ventures, United, East Ventures, Skyland Ventures, and Genuine Startups. Line Ventures is a subsidiary of messaging company Line, focused on managing a $10 million investment fund called ‘Line Game Global Gateway.’ After start-up in August, the fund has already invested in Japanese gaming company Gumi as its first portfolio company.

See also:

As for BrainWars, during the five months following its launch on May 14, over 3 million downloads of the app from across the world have taken place.

Coinciding with this announcement, TransLimit secured a partnership with Line and will “line up” a new game title using the Line user base. The gaming company also unveiled a planned development of a smartphone media business with United, another investor in this round.

translimit-team-line2 — Line’s CSMO Jun Masda unveils their investment in Translimit at Line Conference Tokyo 2014.

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Japanese family photo service Kiddy raises $500,000, poised for global expansion

Masaru Ikeda 2014.05.29

See the original story in Japanese. Tokyo-based Compath.me, the startup behind family photo sharing platform Kiddy, announced today that it has raised 50 million yen (about $492,000) from Japanese internet company United. The company was originally launched back in 2011, graduating from Tokyo-based startup incubator Open Network Lab. This latest news follows its previous seed funding from DG Incubation, Architype, and Netprice.com [1]. Low birth rate, high potential business The company launched its photo sharing platform in December of 2012, and subsequently started printing and delivering photo postcards and photobooks last year. So far Kiddy has acquired 50,000 households (or families) as users and over 3 million photo and comment entries on the platform. The company’s founder and CEO Hiromichi Ando explained a little more about the funding this time around: Our service allows users to deliver printed postcards or photobooks to as many as three different locations. We learned that many customers chose three locations, typically printing photos of their children and delivering them to both sets of grandparents. As for the photobooks, we are providing a premium version (3,100 yen per photo book, excluding shipping) using silver-halide prints in addition to the lower priced offering (1,550 yen per…

See the original story in Japanese.

Tokyo-based Compath.me, the startup behind family photo sharing platform Kiddy, announced today that it has raised 50 million yen (about $492,000) from Japanese internet company United.

The company was originally launched back in 2011, graduating from Tokyo-based startup incubator Open Network Lab. This latest news follows its previous seed funding from DG Incubation, Architype, and Netprice.com ^[1].

Low birth rate, high potential business

The company launched its photo sharing platform in December of 2012, and subsequently started printing and delivering photo postcards and photobooks last year. So far Kiddy has acquired 50,000 households (or families) as users and over 3 million photo and comment entries on the platform. The company’s founder and CEO Hiromichi Ando explained a little more about the funding this time around:

CEO Hiromichi Ando

Our service allows users to deliver printed postcards or photobooks to as many as three different locations. We learned that many customers chose three locations, typically printing photos of their children and delivering them to both sets of grandparents. As for the photobooks, we are providing a premium version (3,100 yen per photo book, excluding shipping) using silver-halide prints in addition to the lower priced offering (1,550 yen per book). The premium option is costly, but it’s selling well. Grandparents want to see how their grandchildren are growing even if they live far away. This motivation helps us increase our sales per customer.

In a low-birth rate society like Japan, it is said that every child has six money streams, if you count parents and grandparents. This concept helps the company be more profitable despite the fact that its user base is not as much as is typically needed for monetization.

Becoming an information platform

The startup intends to shift its platform from family photo storage to a comprehensive information platform where users learn what others family members are doing in their daily lives. Ando explained:

Three or four family members are typically connected to each other on our platform. A couple may divorce or remarry after having their child, so we’ll add a feature that allows users to control privacy about their photo or messages.

He plans to use these latest funds to hire new people and enhance the platform’s features. They are currently a four-person team, but they’ll add a COO and several engineers to accelerate system development efforts.

Global expansion

So far the company has about 20% of users, or about 10,000 families, accessing Kiddy from outside Japan. Considering this demand, they have to think about the internationalization of the platform. Ando explained how they will address the problem:

International shipping has been available only for postcards but not for our photo album products. But considering that as many as 20% of users are from outside Japan, we asked our printing and shipping companies to enable international shipping of photo album products, starting in the first week of June. Shipping charges will be higher than domestic delivery, but I think there’s a huge demand from users out there.

The service is currently available in English and Japanese. But in order to better serve its global user base, they will add French and German interfaces this July. The company has already exhibited and presented at several startup conferences in Europe, such as LeWeb in Paris and WebSummit in Dublin. Ando feels that these promotional activities has helped them build brand awareness in those regions.

In this space we’ve already seen many competitors, including Kazoc, Nicori, BabyDays, Ikumemo, and Wellnote (See this article for details). But Kiddy fares better than these competitors on the App Store in terms of number of reviews and average rating.

Moving forward Kiddy will focus on improving user satisfaction, with the end goal of having the top market share in Japan and the rest of the world. They hope to surpass a million households worldwide by the end of 2015.

Open Network Lab is the incubation arm of Japanese internet company Digital Garage. DG Incubation is the startup-focused investment arm of Digital Garage. The investment arm of NetPrice.com has been rebranded to Beenos. ↩

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Japanese online rewards platform DreamGiver surpasses 50,000 users in the Philippines

Masaru Ikeda 2014.04.03

Japanese internet company United, perhaps best known for smartphone homescreen customization app Cocoppa, announced yesterday that its Philippines-based subsidiary Aderl has acquired over 50,000 users on its DreamGiver awards platform [1]. Based on the company’s rewards platform for Japan, DreamMail, Aderl launched DreamGiver in the Philippines last September. In return for subscribing to promotional messages from advertisers via e-mail or SMS, users can earn rewards points or win prizes like an iPad Air or other devices, or even cash. Since the service is exclusively intended for mobile users in the Philippines, people living in other countries can’t sign up. United says it has been developing a good reputation from a marketing perspective, especially from Japanese companies doing their business in the Philippines. In this space we have already seen Yoyo Holdings (backed by Incubate Fund) launch a similar online rewards platform Candy back in March of 2013 (see our feature here), also targeting consumers in the Philippines. via United As of this past March. ↩

Japanese internet company United, perhaps best known for smartphone homescreen customization app Cocoppa, announced yesterday that its Philippines-based subsidiary Aderl has acquired over 50,000 users on its DreamGiver awards platform [1].

Based on the company’s rewards platform for Japan, DreamMail, Aderl launched DreamGiver in the Philippines last September. In return for subscribing to promotional messages from advertisers via e-mail or SMS, users can earn rewards points or win prizes like an iPad Air or other devices, or even cash.

Since the service is exclusively intended for mobile users in the Philippines, people living in other countries can’t sign up. United says it has been developing a good reputation from a marketing perspective, especially from Japanese companies doing their business in the Philippines.

In this space we have already seen Yoyo Holdings (backed by Incubate Fund) launch a similar online rewards platform Candy back in March of 2013 (see our feature here), also targeting consumers in the Philippines.

via United

As of this past March. ↩

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Creator of popular homescreen app CocoPPa launches new profile exchanging app ‘iam’

Takeshi Hirano 2014.01.28

See the original article in Japanese Japan’s Fogg Inc is a subsidiary company of United Inc, the developer of popular home screen decoration app CocoPPa 1. And last week Fogg launched a profile card exchanging app named iam. With this app, you can manage all your profile information including telephone numbers and social media accounts, and exchange that profiles with other iam users. The app is available for free on iOS. Profile exchanging apps are something we have seen many times before, with Bump being one of the leading app’s in that area, acquired by Google in 2013. Here in Japan specifically, we have startups such as EverConnect and Sansan provide services for managing business cards. I am not going to go into details about the different features of iam. But I’d like to encourage you to download the app and experience it for yourself. For now, I’d like to focus on the two people behind the app. The CEO of Fogg, Yusuke Sekine, is responsible for starting the fast-growing app, CocoPPa. I spoke with Sekine and Hiroki Teshima, the executive officer at United. Teshima spoke of when the idea of CocoPPA came about, when he convinced the company to…

See the original article in Japanese

Japan’s Fogg Inc is a subsidiary company of United Inc, the developer of popular home screen decoration app CocoPPa 1. And last week Fogg launched a profile card exchanging app named iam. With this app, you can manage all your profile information including telephone numbers and social media accounts, and exchange that profiles with other iam users. The app is available for free on iOS.

Profile exchanging apps are something we have seen many times before, with Bump being one of the leading app’s in that area, acquired by Google in 2013. Here in Japan specifically, we have startups such as EverConnect and Sansan provide services for managing business cards.

I am not going to go into details about the different features of iam. But I’d like to encourage you to download the app and experience it for yourself. For now, I’d like to focus on the two people behind the app.

The CEO of Fogg, Yusuke Sekine, is responsible for starting the fast-growing app, CocoPPa. I spoke with Sekine and Hiroki Teshima, the executive officer at United. Teshima spoke of when the idea of CocoPPA came about, when he convinced the company to let him make a small team to create a service. At the time social gaming was at a peak back then, and developer salaries were rising fast.

Teshima: I collected new graduates. And while their potential skills are high, they don’t have much experience in developing apps. Then I was referred by Kobayashi-san (former CEO of Nobot) to Sekine-san.

Sekine joined Teshima’s team and released a music service app named Discodeer. It went on to achieve 1.8 million downloads, and subsequently got the attention of DeNA. That led Sekine to get involved with DeNA’s new service, Groovy.

Teshima: But our team still had the resources to start another service. We brainstormed ideas, but nothing really clicked. So one day, I invited Sekine-san to join our team meeting.

The meeting was only for an hour. And Teshima was not even there because of another appointment. But at that meeting, the idea of CocoPPa was born.

Sekine: Since most of our team members were women, we came up with some beauty or healthcare service. […] Then the topic happened to turn to Mixi, and how cute their icon was.

Home screens in iOS are not easy to customize. Sekine was researching about the URL scheme for app icons, and he realized that it wasn’t so hard to change app icons. Our female members’ had the idea of making a community to share these icons, and thus first outline of CocoPPa was born.

CocoPPa has gone on to surpass 18 million downloads around the world. And that’s how Teshima and Sekine came to be in charge of building smartphone businesses within United.

Now let’s circle back to iam. When there are already so many competitors in this field, how can iam be successful? Sekine says:

Sekine: Where we’d like to innovate is on the complexity social networking and reducing paper waste. With iam, users can manage multiple profiles, or even create a variety of profiles to choose from later when they want to send it to another user.

So depending on the person with whom you want to share your profile, you can choose which one to send.

At the beginning, we have narrowed down our target users. First was college students. College students tend to seek out a service that enables a high level of customization.

The app was initially tested by about 1000 college students, and was then released from stealth mode to be made public. I hear that creating temporary URLs are very useful way to make profile exchanging viral among friends.

I asked Sekine if an “intrapreneur” can be successful when the atmosphere of the team remains a bit loose. But Sekine says “I told the members that we have to make it this year. If we don’t, there will be no next year for us.”

The team is aiming for 1.3 million downloads by the end of May. That figure represents one sixth of all college students in Japan.

Fogg was founded in June 2013, as the first startup under United’s startup initiative ‘U-Start’. United holds 66% of its shares, and Yusuke Sekine, Fogg’s CEO, holds 34%. ↩

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Japanese investment firm Venture United forms $11 million startup fund

United

Junya Mori 2014.01.22

See the original story in Japanese. Venture United, a Japanese startup investment company, announced today that it has formed a fund worth 1.2 million yen ($11 million). The fund’s investors include the country’s state-run SME Support, Fusion Communications (a telco owned by Rakuten), SBI Securities, ad agency Hakuhodo, and Digital Advertising Consortium. Venture United and its parent company United, the company best known for homescreen app CocoPPa, have already invested in many startups, including Lifenet Insurance, Enigmo, Unoh (acquired by Zynga back in 2010), and Nobot (acquired by Mediba, a KDDI company). We spoke with the company’s chief venture capitalist Satoshi Maruyama to find what entrepreneurs and service sectors they are planning to invest in. We expect to invest in entrepreneurs with a big vision, typically those who want to change the world or create a business that can work in the global market. As smartphone use has grown, broadband internet is available to us anywhere. So our communication might be more active. So the sectors where we will look for potential investees will be commerce, O2O (online-to-offline), and omni-channel retailing. Following this strategy, we invested in Whyteboard, the startup behind the mobile flea market app Listor last April. We…

See the original story in Japanese.

Venture United, a Japanese startup investment company, announced today that it has formed a fund worth 1.2 million yen ($11 million). The fund’s investors include the country’s state-run SME Support, Fusion Communications (a telco owned by Rakuten), SBI Securities, ad agency Hakuhodo, and Digital Advertising Consortium.

Venture United and its parent company United, the company best known for homescreen app CocoPPa, have already invested in many startups, including Lifenet Insurance, Enigmo, Unoh (acquired by Zynga back in 2010), and Nobot (acquired by Mediba, a KDDI company).

We spoke with the company’s chief venture capitalist Satoshi Maruyama to find what entrepreneurs and service sectors they are planning to invest in.

Satoshi Maruyama

We expect to invest in entrepreneurs with a big vision, typically those who want to change the world or create a business that can work in the global market.

As smartphone use has grown, broadband internet is available to us anywhere. So our communication might be more active. So the sectors where we will look for potential investees will be commerce, O2O (online-to-offline), and omni-channel retailing. Following this strategy, we invested in Whyteboard, the startup behind the mobile flea market app Listor last April. We also invested in U-Note, and we aim to help them invent a new form of media.

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Homescreen decoration app CocoPPa partners with Chinese search giant Baidu

Junya Mori 2013.08.24

See the original story in Japanese. Tokyo-based United, the company behind smartphone homescreen decoration app CocoPPa, announced yesterday that it has partnered with Chinese search giant Baidu. The two companies will join forces to intensify marketing the CocoPPa app in Japan and Mainland China. To date the application has over 12 million downloads worldwide, with 83% of its entire user base spread across 150 countries outside Japan, mainly the US, Europe and South East Asian regions. As a part of the partnership with Baidu, CocoPPa will provide a variety of user-generated keypad background designs for Simeji, Baidu’s Japanese input method editor for Android platform which has about 6 million downloads to date. While CocoPPa has a strong following in the US (42% of its entire user base is there), just 2% of its users come from Mainland China. The Japanese company plans to introduce a simplified Chinese version of CocoPPa soon, helping its user acquisition efforts through the partnership with Baidu. Some of our readers may recall that Baidu recently partnered with Booklap, a Japanese startup providing a consumer book discovery service. The Chinese company has been gathering content in an effort to establish a solid presence in the Japanese…

CocoPPa-simeji2 — A screenshot of Simeji using a background design provided by CocoPPa

See the original story in Japanese.

Tokyo-based United, the company behind smartphone homescreen decoration app CocoPPa, announced yesterday that it has partnered with Chinese search giant Baidu. The two companies will join forces to intensify marketing the CocoPPa app in Japan and Mainland China. To date the application has over 12 million downloads worldwide, with 83% of its entire user base spread across 150 countries outside Japan, mainly the US, Europe and South East Asian regions.

As a part of the partnership with Baidu, CocoPPa will provide a variety of user-generated keypad background designs for Simeji, Baidu’s Japanese input method editor for Android platform which has about 6 million downloads to date.

While CocoPPa has a strong following in the US (42% of its entire user base is there), just 2% of its users come from Mainland China. The Japanese company plans to introduce a simplified Chinese version of CocoPPa soon, helping its user acquisition efforts through the partnership with Baidu.

Some of our readers may recall that Baidu recently partnered with Booklap, a Japanese startup providing a consumer book discovery service. The Chinese company has been gathering content in an effort to establish a solid presence in the Japanese market.

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Japanese flea market app secures investment of $3M just 6 weeks after launch

Takeshi Hirano 2013.08.13

See the original story in Japanese. Tokyo-based United, the company behind homescreen decoration app CocoPPa, announced today that it has partnered with Kouzoh. You may recall that Kouzoh is the mobile commerce company which recently developed a flea market app called Mercari. As part of this partnership, United will invest 300 million yen (approximately $3 million) in the flea market company, thus taking a 14.5% stake in the company. The partnership will be made official on August 28th, when United’s managing director Hiroki Teshima will join the Kouzoh’s management board. In addition, United announced it is also planning to establish a local subsidiary in the US to intensifying global marketing efforts for its CocoPPa app. We heard from both United’s Hiroki Teshima and Kouzoh’s founder and CEO Shintaro Yamada. According to Yamada, his main reason to enter this partnership was the prospect of a business collaboration with CocoPPa, which is showing rapid user growth. From his perspective, CocoPPa and Mercari overlap in their user demographics, and he figures the partnership will help Mercari accelerate its growth as well. Teshima explained that United plans to treat Mercari as a ‘sister app’ and collaboratively work on driving user traffic and run joint…

See the original story in Japanese.

Tokyo-based United, the company behind homescreen decoration app CocoPPa, announced today that it has partnered with Kouzoh. You may recall that Kouzoh is the mobile commerce company which recently developed a flea market app called Mercari.

As part of this partnership, United will invest 300 million yen (approximately $3 million) in the flea market company, thus taking a 14.5% stake in the company.

The partnership will be made official on August 28th, when United’s managing director Hiroki Teshima will join the Kouzoh’s management board. In addition, United announced it is also planning to establish a local subsidiary in the US to intensifying global marketing efforts for its CocoPPa app.

We heard from both United’s Hiroki Teshima and Kouzoh’s founder and CEO Shintaro Yamada.

According to Yamada, his main reason to enter this partnership was the prospect of a business collaboration with CocoPPa, which is showing rapid user growth. From his perspective, CocoPPa and Mercari overlap in their user demographics, and he figures the partnership will help Mercari accelerate its growth as well.

Teshima explained that United plans to treat Mercari as a ‘sister app’ and collaboratively work on driving user traffic and run joint promotional campaigns. The company is experienced in the smartphone ad business, and expects to bring some of that to Mercari to help it succeed.

Mr. Teshima also explained to us a little about their expansion to the US:

In terms of marketing CocoPPa in the US, this launch will be very speedy. We will renew the service in September, and add a paid service in October. I’ve been visiting the US to find potential partners which can provide attractive paid content for our app.

Regarding international expansion of the Mercari app, we need to focus on the domestic market for the time being and look to launching it in the US later on. When Mercari starts global expansions, CocoPPa will have a certain following in the US so that it can help Mercari to acquire users there. We’ll work closely together since United expects to let Kouzoh be one of its group companies.

According to the announcement, United’s US subsidiary CocoPPa Inc. will be established in New York where Mr. Naka Imuta, the general manager at CocoPPa business, will be named as the CEO. United’s CEO Yozo Kaneko and managing director Hiroki Teshima also join the management board for the NY company.

For more information on Mercari, check out our recent interview with CEO Shintaro Yamada.

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Can CocoPPa succeed overseas with a Japanese monetization model?

Junya Mori 2013.07.16

See the original story in Japanese. Tokyo-based United, the company behind the popular homescreen decoration app CocoPPa, announced today it has started looking for third-party content holders in the character business as possible collaborators. The startup is planning to provide app users with paid content this coming fall, and hopefully by partnering with many content holders it can accumulate a rich variety of wallpapers and icons. This will be CocoPPa’s first attempt at monetizing. Some of our readers may recall that the company has partnered with Tokyo Otaku Mode, bringing illustrations from TOM to their smartphone homescreens. This collaboration provided content for free, but in the future users will pay to get icons or wallpapers featuring popular characters from prominent IP holders. When we think about this kind of business models, Line Corporation’s paid stickers also come to mind. According to that company, sticker sales generated revenue worth 1.74 billion yen ($17.4 million) in the three months from January to March, accounting for 30% of their overall income, with most of that coming from users in Japan. But when we look at the demographics of CocoPPa users (see below), they are mostly women in their early 20s, with 86% of…

See the original story in Japanese.

Tokyo-based United, the company behind the popular homescreen decoration app CocoPPa, announced today it has started looking for third-party content holders in the character business as possible collaborators.

The startup is planning to provide app users with paid content this coming fall, and hopefully by partnering with many content holders it can accumulate a rich variety of wallpapers and icons.

This will be CocoPPa’s first attempt at monetizing. Some of our readers may recall that the company has partnered with Tokyo Otaku Mode, bringing illustrations from TOM to their smartphone homescreens. This collaboration provided content for free, but in the future users will pay to get icons or wallpapers featuring popular characters from prominent IP holders.

When we think about this kind of business models, Line Corporation’s paid stickers also come to mind. According to that company, sticker sales generated revenue worth 1.74 billion yen ($17.4 million) in the three months from January to March, accounting for 30% of their overall income, with most of that coming from users in Japan. But when we look at the demographics of CocoPPa users (see below), they are mostly women in their early 20s, with 86% of users coming from outside Japan. So it will be interesting to see if such an internationally-focused app can generate revenue in this way.

CocoPPa has already surpassed 10 million downloads in its first 11 months since the launch. If you are interested in partnering with them, feel free to apply over on their website.

If you haven’t yet tried the CocoPPa app, it is available for free on iOS and Android. The iOS app was launched back on July 26th, 2012, and the Android version followed on May 29th, 2013. As of June 22nd, iOS accounts for 90% of the app’s total downloads.

United

Japan’s online coding bootcamp platform TechAcademy acquired for $5 million

Japanese quiz app BrainWars snags $2.8 million in funding from Line and others