Culture Convenience Club Co., Ltd., KDDI Open Innovation Fund 3 managed by Global Brain Co., Ltd., SBI AI & Blockchain Fund managed by SBI Investment Co., Ltd. and TV Asahi Holdings Corporation completed the acquisition of an unknown minority stake in SHOWROOM Inc. from DeNA Co., Ltd. for ¥4.4 billion.
July 03, 2020
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Culture Convenience Club Co., Ltd., KDDI Open Innovation Fund 3 managed by Global Brain Co., Ltd., SBI AI & Blockchain Fund managed by SBI Investment Co., Ltd. and TV Asahi Holdings Corporation (TSE:9409) agreed to acquire an unknown minority stake in SHOWROOM Inc. from DeNA Co., Ltd. (TSE:2432) on June 26, 2020. After transaction DeNA Co will have 49.8% stake in SHOWROOM. As of June 26, 2020 Board of Directors of DeNA Co approved the transaction. Transaction is expected to complete on June 30, 2020.
Culture Convenience Club Co., Ltd., KDDI Open Innovation Fund 3 managed by Global Brain Co., Ltd., SBI AI & Blockchain Fund managed by SBI Investment Co., Ltd. and TV Asahi Holdings Corporation (TSE:9409) completed the acquisition of an unknown minority stake in SHOWROOM Inc. from DeNA Co., Ltd. (TSE:2432) for ¥4.4 billion on July 3, 2020.
DeNA Co. specializes in mobile and online multimedia services including games, e-commerce, etc. The company also ensures the development and operation of entertainment-based content and applications. Net sales break down by area of activity as follows:
- games (67.3%);
- sport (14.5%);
- e-commerce (9.4%);
- other (8.8%).
Culture Convenience Club Co., Ltd., KDDI Open Innovation Fund 3 managed by Global Brain Co., Ltd., SBI AI & Blockchain Fund managed by SBI Investment Co., Ltd. and TV Asahi Holdings Corporation completed the acquisition of an unknown minority stake in SHOWROOM Inc. from DeNA Co., Ltd. for ¥4.4 billion.
DENA CO., LTD. 
