Global Brain has invested in iPrice Group Sdn Bhd (iPrice), a venture startup that provides an e-commerce price comparison service across Southeast Asia, through its KDDI Open Innovation Fund III (KOIF III). As the e-commerce market develops, the competition among e-commerce platforms continues to intensify with more sellers entering the market in Southeast Asia. iPrice's role of helping users find the right platform and make product purchases more convenient will continue to be vital to the region. Instead of going through multiple marketplaces to find the best deal, users can instantly access more than 7 billion offers from more than 8 million sellers through the iPrice app and its website. Users can save their time and money by comparing products, prices, sellers’ reputations, and delivery conditions all in one place. iPrice will also expand into the lending space, partnering with consumer loan providers and leading Buy Now Pay Later players in the region to provide a more convenient shopping experience. Global Brain has decided to invest in iPrice, highly recognizing the experienced management team that accurately captured the current trend of promoting e-commerce market in Southeast Asia as well as its leading presence in the market. ## About iPrice

Location: Malaysia

CEO: Paul Brown-Kenyon

Founded: 2014

URL: iPrice Group: https://ipricegroup.com/
iPrice Malaysia: https://iprice.my/
iPrice Singapore: https://iprice.sg/
iPrice Indonesia: https://iprice.co.id/
iPrice Thailand: https://ipricethailand.com/
iPrice Philippines: https://iprice.ph/
iPrice Vietnam: https://iprice.vn/
iPrice Hong Kong: https://iprice.hk/

## About KOIF III

Name: KDDI Open Innovation Fund III

General Partner: Global Brain Corporation

Fund Size: JPY 20 billion

## About Global Brain

Location: Tokyo, Japan

Representative: Yasuhiko Yurimoto

Founded: January 1998

URL: https://globalbrains.com/

Global Brain has invested in iPrice Group Sdn Bhd, a venture startup that provides an e-commerce price comparison service across Southeast Asia