GiftMall.Inc announced that it expects to receive ¥500 million in funding from Yamada Holdings Co., Ltd.
April 14, 2024
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GiftMall.Inc announced it will receive funding of ¥ 500 million from new investor Yamada Holdings Co., Ltd. on April 15, 2024. The company issues shares through third-party allotment. The transaction is expected to close on May 31, 2024.
Yamada Holdings Co Ltd, formerly Yamada Denki Co Ltd, is a Japan-based company primarily engaged in the sale of home appliances and information appliances. The Company is engaged in the purchase and sale of products, the manufacture and sale of cosmetics, the delivery and installation of products, the collection and transportation of industrial waste, the purchase, recycling and sale of used home appliances and personal computers, the credit cards and mortgage loans business, the insurance agency business, the stores construction and electrical construction business, the air conditioning and electrical construction business, the real estate business, as well as the manufacture and sale of housing equipment and the construction and sale of houses.