BuySell Technologies Co.,Ltd. (TSE:7685) agreed to acquire NISSO Corp. for ¥450 million on November 14, 2023. The transaction is expected to close on December 19, 2023.
BuySell Technologies Co.,Ltd. (TSE:7685) completed the acquisition of NISSO Corp. in December 2023.
BuySell Technologies Co., Ltd. is a Japan-based company mainly engaged in the online reuse business. The Company is engaged in the provision of Speed Kaitori and Kaitori Premium platforms that provide comprehensive reuse services through three methods, including business trip visit purchase, home delivery purchase and carry-in purchase. The main products handled are kimonos, stamps, old coins, precious metals, jewelry, branded goods, watches, antiques, fur, liquor and other products. The sales business is mainly engaged in the corporate sales business through the secondhand goods market and auctions for vendors, as well as the provision of an electronic commerce (EC) site Speed Kaitori Online for general consumers. The Company is also engaged in the operation of a smartphone app CAPPY that can sale used cars. The Company is engaged in the provision of marketing, call center, authenticity appraisal and assessment, purchase, inventory management, sale and other reuse related services.