Adways, Fidelity, Nissay Capital, Opt, SMBC Venture Capital and Voyage Ventures are all set to exit the C2C skills marketplace operator in an offering on TSE’s Mothers Market.
Coconala, a Japan-based professional services marketplace that counts corporates Adways, Opt and Voyage Group among its backers, has been approved to list on the Tokyo Stock Exchange (TSE), it announced yesterday.
The initial public offering is scheduled to take place on the Mothers Market on March 19 and Coconala will issue some 11 million shares, with 1.8 million more allocated for the overallotment scheme.
Founded in 2012 as WelSelf, Coconala has developed a customer-to-customer (C2C) portal where members can offer…