APAC

NE Corporation Launches CVC for Commerce Innovation

NE Corporation has launched its Corporate Venture Capital (CVC) business to strengthen its core operations and create future value in the commerce sector. The move comes as e-commerce rapidly evolves due to technology and shifting consumer needs. NE has established itself as a platform SaaS used by over 6,500 businesses, handling more than 1 trillion yen in annual distribution. Now they want to go further. They want to work with external companies that have new technologies and business ideas. The CVC will invest directly in companies that can collaborate with NE. This includes user companies, service providers, technology partners, and anyone who can help build a bigger ecosystem. They plan to make about five investments each year. A big focus is on helping companies that use NE’s Next Engine platform…