The Bouqs intends to just take a piece of Japan’s $6 billion flower market this present year with a $30 million strategic growth round from Japanese enterprise company investor Yamasa. As the Bouqs nevertheless must take on larger contenders like 1-800-Flowers and FTD into the U.S., it’s going to will have to battle incumbents like Ayoma Flower marketplace and FloraJapan, both of that also provide same-day distribution through the land associated with the increasing sunlight.
So just why Japan? Based on the Bouqs creator and CEO John Tabis, their business was in fact trying to expand internationally for awhile and Japan appeared to fit well within that plan.
The Bouqs CEO and founder John Tabis
But so far as larger competition in just about any nation, Tabis is undeterred, telling TechCrunch there’s loads of possibilities within the flower distribution business knowing where you should look. Continue reading The Bouqs plans to plant its flower delivery business in Japan with $30 million in fresh funds