GaiaX Global Marketing & Ventures Pte Ltd agreed to acquire an unknown minority stake in AppBank Co., Ltd. from GaiaX Co. Ltd..

AppBank Inc. is a Japan-based company mainly engaged in media business and store business. The Company operates two business segments. The Media segment is engaged in advertising business through review sites for smartphone-related apps and goods centering on iPhone. This segment includes business to business (B2B) business, advertising platform business, application business and video services business. The Store segment is engaged in the sale of smartphone-related goods using the Internet and directly managed stores.