An unknown buyer acquired 0.29% stake in Fringe81 Co, Ltd. from Technology Ventures L.P. Fund No. 3 managed by ITOCHU Technology Ventures, Inc.
September 20, 2017
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An unknown buyer acquired 0.29% stake in Fringe81 Co, Ltd. (TSE:6550) from Technology Ventures L.P. Fund No. 3 managed by ITOCHU Technology Ventures, Inc. on September 21, 2017. Technology Ventures L.P. Fund No. 3 sold 0.007 million shares of Fringe81 and now holds 0.24 million shares representing 9.7% stake in Fringe81.
An unknown buyer completed the acquisition of 0.29% stake in Fringe81 Co, Ltd. (TSE:6550) from Technology Ventures L.P. Fund No. 3 managed by ITOCHU Technology Ventures, Inc. on September 21, 2017.
Unipos Inc, formerly Fringe81 Co Ltd, is a Japan-based company mainly engaged in the development and consultation of Internet advertising technology, as well as the provision of Website services mainly in human resources (HR) tech fields. The advertising business includes advertising agency service, media growth service and solution service. The advertising agency service is involved in the sale of Internet advertisements. The media growth service is involved in the provision of planning, development and operation of advertising goods for smartphone media including applications. The solution service is involved in the provision of advertising strategyâs decision-making support products for advertisers who receive Internet advertising. The Unipos business is involved in the provision of a service named Unipos for mutual evaluation and praise.