Taylor Wessing has advised the shareholders of Germany-based social media platform operator Sharewise on its acquisition by Japan-based Minkabu.
Sharewise.com collects and automatically ranks investment advice of its 150,000 members. Minkabu is the operator of platforms such as minkabu.jp and caiku.com.
Minkabu will combine the successful features of both platforms and maintain both brands for its continuing expansion. The combined company is active throughout Asia (China and Japan) and Europe (France, Germany, Italy, Spain and the UK).
Minkabu plans to use the brand Sharewise globally for the further expansion of its platform, for example in south-east Asia, North/Latin America and other countries and regions.