News

2014.03.10
CyberAgentVentures announces investment in Korea’s Woowa Brothers Corporation

CyberAgent Ventures, Inc. (HQ:Minato-ku, Tokyo, President:Soichi Tajima), a venture capital arm of CyberAgent, Inc. (HQ:Shibuya-ku, Tokyo, President:Susumu Fujita, TSE Mothers: 4751) announces its investment in Woowa Brothers Corp.(Headquarters: Sonpa-Gu, Seoul , CEO: Bong Jin Kim ), which develops the food delivery application for smartphone, “Baedal Minjok.”

Through the partnership with Woowa Brothers Corp. CyberAgent Ventures will contribute to enhance Woowa Brothers‘ value by making the most of CyberAgent Group‘s resources including its existing operations, business experiences and know-how.

 

■About Investment

Investor         : CyberAgent, Inc.

Company Name    : Woowa Brothers Corp.

URL                      : http://www.woowahan.com/

Address                : 158-2, Seokchon-dong, Sonpa-Gu, Seoul ,SOUTH KOREA

Chief Executive Officer: Bong Jin Kim

Business description: Development of a food delivery application for smartphone

 

■Corporate Information

Company Name     :CyberAgent Ventures, Inc.

URL                       :http://www.cyberagentventures.com/

Address                 : Shinjyuku Sumitomo bldg. 25F, 2-6-1 Nishi-Shinjyuku, Shinjyuku-ku,

Tokyo,JAPAN

Established            :April 3, 2006

Capital                   :JPY 360 Million

President               :Soichi Tajima

 

■Inquiry

About this press release: Ebihara of CyberAgent Ventures, Inc.

Phone: +82-2-2015-7723

E-mail: cav_public@ext.cyberagent.co.jp

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