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Fablic

Company Introduction

Founded in 2012, Rakuten acquired the company in February 2018. The main business is to develop and operate Rakuma (formerly frills), the first flea app in Japan. To further expand the Rakuma flea app provided by Rakuten, Rakuma and Frill were integrated into one. You can easily list items that you no longer need or want to sell in just 3 minutes, and you can buy brands that you could not buy expensive and expensive at a low price. In October 2016, the referral fee was free. Rakuma (formerly ruffles) was originally positioned as a service for female users such as fashion and beauty products.Rakuma” now balances the audience. As of the end of September 2017, the number of downloads exceeded 10 million. In March 2018, Rakuten decided to absorb Fablic as effective July 1, 2018. The goal is to aim for the first app in the flea industry even after the absorption merger.

Finance Information

Out of Function

Funding Rounds and Amounts

Icon Definition

Rights Offering

Loan

ICO

Crowdfunding

Subsidy

Bond

Other

Total Funding Amount
-M Yen
Funding Date Money Raised Lead Investor Investor Remarks
01.09.14 -M Yen - JAFCO Funding Amount Not Published
- -M Yen - DG Incubation Funding Date, Funding Amount Not Published

Financial Closing Information

Fiscal Year End Accounting Method Settlement Method Sales Operating Income Ordinary Income Retained Earnings Net Income
31.12.17 JapaneseStandard Independent -M Yen -M Yen -M Yen -3,601M Yen -M Yen
31.03.17 JapaneseStandard Independent 640M Yen -807M Yen -807M Yen -807M Yen -807M Yen
31.03.16 JapaneseStandard Independent 996M Yen -138M Yen -137M Yen -589M Yen -139M Yen

Stock Market Information

Listing Date Stock Market PER Market Capitalization
01.07.18 Private Company (Subsidiary) - -M Yen

Status

Date Modified Type Remarks
01.07.18 Out of Function
05.09.16 M&A Sold to: Rakuten
Sold Amount: -M Yen
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