March 30, 2016
Start Today invests in “Materialwrld.com” and “FashionValet.com”
The online fashion website “ZOZOTOWN” (http://zozo.jp/) operated by Start Today Co., Ltd. (CEO Yusaku Maezawa, Headquarters in Chiba city) has started investing in the American secondary clothing EC platform “Materialwrld.com” (headquarters in NYC) and “Materialwrld Inc.” (headquarters in US, Join CEO: Rie Yano, Jie Zheng) as of March 30th, 2016. Materialwrld.com is a secondary EC shopping platform, which offers apparel, bags, etc., of luxury brands, mainly to female customers whom they provide prepaid cards for shopping at Materialwrld. Materialwrld will use this investment to strengthening their capital investment, operating capital, marketing and company structure.
Start Today not only has financially invested into Materialwrld, but will also contribute by sharing its knowledge and business experience from working in the EC industry, which Start Today has gained from operating ZOZOUSED. Start Today aims to increase the value and customer experience of both companies.
Name：Material Wrld Inc.
Location：America, New York
CEO：Joint partnership of Rie Yano and Jie Zheng
Established on: December 27th, 2011
Business: Secondary distribution of fashion, EC business and prepaid card business
Start Today Co., Ltd. has also invested in the Malaysian fashion EC platform “FashionValet.com” (Headquarters in Malaysia, CEO, Fadzarudin Shah Bin Anuar) as of March 30th, 2016.
“FashionValet.com” is an EC fashion platform that provides apparel products from both in and out of Malaysia, to mainly customers in Malaysia and Singapore. Fashion Valet will use this investment to strengthening its function of “FahionValet.com”, marketing, company structure and expanding its logistics center. Start Today will not only provide financial investment to Fashion Valet, but will also share its knowledge and experience, as well as marketing advice / support gained from operating the “WEAR” app. Start Today aims to increase the value and improve customer experiences of both companies.
About Fashion Valet Sdn. Bhd.
Name：Fashion Valet Sdn. Bhd.
Location of headquarters：Malaysia
CEO：Fadzarudin Shah Bin Anuar
Established in：September 27th, 2010
Business: Fashion EC website development and management
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