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Published on : Thursday, September 7, 2017
There were about 26 million visitors in 2016, which will inflate to an anticipated 40 million in 2020.
The startup is also taking a great advantage of the wifi situation of entire Japan. It has been bad for years, with visitors mostly locked out of free wifi because of sign-up pages in Japanese that demand a local phone number.
This travel technology startup formed by Kato gives away the WAmazing SIM card plus 500MB of data for free, banking on most tourists opting to pay to upgrade to 1GB or beyond to ease the tourists to do more Instagram and Facebook.
Now WAmazing is focusing on populace coming in from China, Hong Kong and Taiwan.
The startup is also offering hotel reservations within its app, which SIM users need to download before they arrive in Japan, giving it an extra way to make money.
This new travel based mobile app also provides an Uber-esque feature for travellers to hail a taxi or a private car, but that seems less useful when Uber’s own app already does that.
To have an economical development of the startup company WAmazing, the mobile app has raised US$9.2 million in a mix of investments and loans.
The economical development of this company is backed from other Japanese multinational technological giants Beenos, SBI Investment, Sony Innovation Fund, and an assortment of other backers.