Japanese retailer invests in Kiwi startup StretchSense in deal worth up to $US92m
From the NZ taxpayer with love: if it does exercise its option to buy out StretchSense, Japanese co. will benefit from IP created by four grounds of Callaghan funding.
StartToday – Japan’s largest online retailer – has paid $US20 million for the option to buy Kiwi startup StretchSense.
The Japanese company has also taken an option (expiring September 30 next year) to invest a further $US72 million to take full control of the New Zealand company (today it owns
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Fiona Rotherham and Chris Keall
Thu, 23 Nov 2017
Thu, 23 Nov 2017
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Japanese retailer invests in Kiwi startup StretchSense in deal worth up to $US92m
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