Credit Saison Co. Ltd. acquired 8.74% stake in iRidge, Inc. from DG Incubation, Inc.
March 27, 2016
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Credit Saison Co. Ltd. (TSE:8253) acquired 8.74% stake in iRidge, Inc. (TSE:3917) from DG Incubation, Inc. on March 28, 2016. Credit Saison acquired 0.24 million shares of iRidge.
Credit Saison Co. Ltd. (TSE:8253) completed the acquisition of 8.74% stake in iRidge, Inc. (TSE:3917) from DG Incubation, Inc. on March 28, 2016.
iRidge, Inc. is a Japan-based company mainly engaged in the provision of online to offline (O2O) solution, as well as planning and support on attracting customers and sales promotion. The O2O support business is mainly engaged in attracting customers and sales promotion to actual stores, using smart phone and providing information to consumers through smart phone application incorporated the Company-owned solutions. The Company has O2O solution platform with the name of popinfo, providing the information distribution function, user management function, membership card function, point management function, coupon management function and other basic functions for attracting customers and sales promotion.
Credit Saison Co. Ltd. acquired 8.74% stake in iRidge, Inc. from DG Incubation, Inc.
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