The Nippon Insurance and Recruit-backed task crowdsourcing platform has been approved for an IPO in Japan.
Japan-based internet services provider RealWorld has been approved for an initial public offering on the Tokyo Stock Exchange Mothers market, The Bridge reported yesterday.
RealWorld is the operator of a crowdsourcing platform for small tasks and boasts around 8.5 million users.
The company’s largest shareholder is founder Masaaki Kikuchi, who owns a 67.3% stake.
Other shareholders include Nippon Insurance subsidiary Nissay Capital, Recruit Strategic Partners, which acts as a subsidiary of human resources company Recruit, Incubate Fund and Mobilecom.
RealWorld…