Knowledge Dec 09, 2024 Trend Report: What is Bounce?

In Japan, where inbound tourism has significantly increased, more coin lockers are being installed to store suitcases and other luggage. However, the supply still falls short of the demand, leaving many unable to find a place to store their belongings.

Bounce can address this issue. Bounce is a provider of a global network of luggage storage services.

The company cooperates with local businesses to provide marketplace-type temporary luggage storage services aimed primarily at tourists. The service has gained impressive traction, with over 1 million monthly users accessing their app and website, and partnerships with more than 13,000 space providers.

Bounce is being hailed as potentially the next mainstream network-based business, following in the footsteps of unicorn companies like Airbnb and Uber. While their user base is currently concentrated in US and European countries, Bounce is planning to expand into the Japanese market.

Recently, KDDI Open Innovation Fund has invested in Bounce. We’re thrilled to collaborate on their future expansion into Japan.

For those who frequently travel abroad, why not give it a try? It could be the solution to your luggage storage woes on your next trip.

Disclaimer:

The opinions expressed in this newsletter are solely those of the author and do not necessarily reflect the views or opinions of KDDI America, Inc or any other companies or organizations.

KDDI America, Inc.

 KDDI America is the US subsidiary of KDDI Corporation, a Fortune Global 500 company and is growing communications carrier with a proven track record in Japan and a longstanding reputation for quality and reliability. KDDI America provides a wide range of High Quality Services such as Communications, Data Centers and Solution Services throughout the world.