Japanese retailer invests in Kiwi startup StretchSense in deal worth up to $US92m

From the NZ taxpayer with love: if it does exercise its option to buy out StretchSense, Japanese co. will benefit from IP created by four grounds of Callaghan funding.

Fiona Rotherham and Chris Keall
Thu, 23 Nov 2017

StartToday – Japan’s largest online retailer – has paid $US20 million for the option to buy Kiwi startup StretchSense.

The Japanese company has also taken an option (expiring September 30 next year) to invest a further $US72 million to take full control of the New Zealand company (today it owns

Want to read more? It's easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual

Group membership

NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).

View terms and conditions.