Japan's Largest Staffing Company Acquires London Edtech Startup, Quipper...

Mergers and Acquisitions

Japan's Largest Staffing Company Acquires London Edtech Startup, Quipper for $39M

Jul 5, 2015

QUIPPER: TechCrunch Japan reports that Recruit Holdings, the largest recruiting and staffing company in Japan, has acquired London-based Quipper for ¥4.77 billion (approximately US $39 million). e27 says the deal “will enable Recruit's education vertical to enhance and expand their K-12 products,” which currently includes supplemental test prep and study materials.

Founded in 2010, Quipper offers a mobile quiz app and recently launched Quipper School, an online learning platform with lessons, tests and data analytics for students ages 8 to 18. The startup currently serves 1.5 million students and 150,000 teachers across nine countries. Quipper founder Masayuki Watanabe (who co-founded DeNA, a major mobile e-commerce and gaming company) will continue to serve as CEO.

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