Inscobee., Inc. announced that it has received KRW 5 billion in funding from DB Financial Investment Co.,Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, BFA Co.,Ltd., Hanyang Securities Co., Ltd., Investment Arm, Hands Partners Co., Ltd.
January 26, 2021
Share
On January 27, 2021, Inscobee., Inc. closed the transaction. The shares will now be convertible at a price of KRW 2110 per share.
Inscobee, formerly Contents And Pepole, Logistics Energy company,.LTD, is a Korea-based company mainly engaged in the wristwatch, automobile and smart grid businesses. The Company mainly operates in five business divisions: wristwatch division provides wristwatch products, including sports watches and watches for gifts under the brand names Odin and Dolphin; automobile division engages in the marketing of used cars; digital division provides computers and peripherals; smart grid division engages in the provision of automatic meter infrastructure (AMI) systems, and distribution division engages in the distribution of beverages under the brand name Tipco. The Company distributes its products within domestic market and to overseas markets.
Inscobee., Inc. announced that it has received KRW 5 billion in funding from DB Financial Investment Co.,Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, BFA Co.,Ltd., Hanyang Securities Co., Ltd., Investment Arm, Hands Partners Co., Ltd.