Komehyo Holdings is acquiring iShopShops, Inc., aiming to enhance its global market reach and diversify its revenue through innovative live commerce solutions.

Target Information

Komehyo Holdings, known for its second-hand branded goods retail operations, is set to acquire iShopShops, Inc., a U.S.-based company specializing in cross-border live commerce through its app 'ShopShops'. This acquisition represents a strategic move to enhance Komehyo's access to international markets and diversify its revenue streams. The 'ShopShops' platform, mainly popular in the United States, boasts approximately 1.4 million registered users globally, showcasing a significant potential customer base.

For the fiscal year ending December 2024, iShopShops is projected to generate sales of ¥5.05 billion, with an operating loss of ¥587 million and a net asset value of ¥197 million. This financial backdrop presents both opportunities and challenges for Komehyo as it integrates iShopShops into its portfolio.

Industry Overview

The live commerce sector, particularly in the United States, has seen exponential growth over recent years, fueled by an increase in online shopping and consumer engagement during live broadcasts. This industry blends entertainment wit