Additional funding from Advertising NAGATA Co., Ltd for the dining platform yathar during the Pre Series-A Round
World Street Myanmar Yathar Co., Ltd. (based in Republic of the Union of Myanmar (stated below as Myanmar) in city of Yangon, CEO: Shunsuke Ichikawa) which operates a next-generation dining platform "yathar" that uses advanced technologies such as A.I, has allocated additional shares to Advertising NAGATA Co., Ltd (based in city of Tsushima in Aichi prefecture, CEO: Ichiroh Nagata).
Started in April 2018 dining platform "yathar", by using latest technologies such as A.I., real-name based comment and SNS functions as well multi-language support, in just a one year was able to become most downloaded app with the highest number of MAU in Myanmar. Now, it is considered as a highly-valued tool that helps in the development of the food service industry and in the creation of restaurant networks in Myanmar.
* "Food & Drinks" category in Myanmar's Google Play and App Store (according to company's research)
■Regarding the additional investment
yathar, which has obtained already a No. 1 in downloads and MAU number in Myanmar, in order to grow even further and become undisputed number one, need to invest in different business fields such as marketing, human resources, internal systems and opening of new facilities in other areas. That is why for the acceleration of the expansion and to be able to create advertising networks, as well introduce cashless payments, allow deliveries and implement HR technologies, it has received extra funding.
yathar, as its main strategy is going continue to improve and add new features to become an essential part of Myanmar's people’s life.
■World Street Myanmar Yathar Co., Ltd. – company profile
・Trading name: World Street Myanmar Yathar Co., Ltd.
・Service name: Yathar ("taste" in Burmese)
・Principal place of business: Myanmar, Yangon
・CEO: Shunsuke Ichikawa
・Capital: 700,000 USD
・Established: February 2018
■ Advertising NAGATA Co., Ltd – company profile
・Company's name: Advertising NAGATA Co., Ltd
・Principal place of business: 5 Chome-5-1, Higashiyanagiharachō, Tsushima city, Aichi prefecture
・Representative: CEO & Representative Director Ichiroh Nagata
・Purpose: General advertising (outdoor, traffic, newspaper, movie, digital signage, bus stops with maintenance), others (security, architectural design, seismic capacity evaluation, electrical installations etc.)
World Street Myanmar Yathar Co.,Ltd.
PR agent: Khin Myint Myint Khaing
Tel: +95 1 861 0738 (direct) E-mail: firstname.lastname@example.org