Opt, NTT Docomo, Lilfull, Japan Best Rescue System and Proto Corporation could exit the classified listings platform, which has received approval for a Tokyo IPO.
Jimoty, a Japan-based online classifieds portal backed by corporates including telecommunications firm NTT Docomo and advertising agency Opt, has been approved for a flotation in Tokyo, according to The Bridge.
The company expects to set the price range for the initial public offering on January 22, before pricing shares on January 29 ahead of a listing on February 7. It expects to list 1.27 million shares, almost all of which will be sold by existing shareholders, with just over 160,000…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
