2025
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04
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28
JIC Venture Growth Investments has acquired the shares in 10X Inc. (10X), through its JIC Venture Growth Fund 2.
10X is a startup with the mission of “Pioneering the future of retail industry” and offers “Stailer online supermarket” and DX solutions/ products for retailers, solving structural challenges which retailers face.
Retail industry including supermarket faces the wave of changes such as decrease in population, labor shortage and behind of digital adoption etc, despite retail industry exists as essential social infrastructure supporting food culture. To address these challenges, 10X aims to develop consumer experience and the way of working of store employee by 10x (10 times), provides operational supports rooted in store-site together with retailers in various regions in Japan and develops the collaboration for industrial transformation by long-term co-creation. “Stailer online supermarket” has been implemented by large retailers and been growing, creating achievements for supporting optimization in the retail operation.
Through this investment, 10X will accelerate expanding “Stailer online supermarket” and developing new DX* solution/ products for retailers. VGI expects that through its support for 10X solving of structural challenges which retailers face will be developed and essential social infrastructure supporting food culture will be strengthened, thereby contributing to strengthen industrial competitiveness in retail.
*DX：Digital Transformation
The information contained in this notice is current at the time of publication and subject to change without notice.
