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Next Co Ltd Announces Business and Capital Alliance with FLYMEe Inc.

Friday, 27 Sep 2013 02:00am EDT 

Next Co Ltd announced that it will form a business and capital alliance with FLYMEe Inc., which engages in the operation of furniture and interior e-commerce site. Through the business alliance, the two companies will work together on the real estate and house searching as well as furniture and interior searching business. Through the capital alliance, the Company will acquire 350 shares of FLYMEe for JPY 40 million through a private placement in September 2013. As a result, the Company will hold a 20% stake in FLYMEe. 

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