Slide 1: Enigmo
eCrugma
Slide 2: YZ YZ YZ YZ YX)
YZ YZ YZ YZ YX) WAV OOKX XOX OOK YX OOEK KKK KKK KOK OKK) SSS KCI 1 OKT CIE I OCR CIE) EYES YOO LLY ELAS LLYN AYMAN AMAL YAN AALS AN A SSS KCI 1 OKT CIE I OCR CIE) LILYLYS SLL AALYIS SIPYLLYXSxZPYLLVJISJIPLLX&PJ_PLuLVIIWPPLaL_X«PFZ_PLLVJISISIPLLYXIFJPYLYVIFIS_ SSS KCI 1 OKT CIE I OCR CIE) EYES YOO L
Slide 3: 
03 
Slide 4: 14,000 1,294 12,000 10,316 -942 10,188 10,000 -481 8,000 ,000 5,131 4,000 2,000 0
14,000 1,294 12,000 10,316 -942 1 10,188 10,000 -481 8,000 6,000 5,131 4,000 2,000 0 04 
Slide 5: ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣
‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ 05 
Slide 6: NT VRAROL—ILDH
NT VRAROL—ILDH 06/01: — 04; 06
Slide 7: 160% 150% 145% 140% 130% 117% 120% 115% 115% 110% 110% 112% 100% 107%
160% 150% 145% 140% 130% 117% 120% 115% 115% 110% 110% 112% 100% 107% 90% 85% 80% 07 
Slide 8: PRIVY RAWARAP
PRIVY RAWARAP AMAA ERB O 6 GMAA FET CTERTET LEMME S THEHOT CE DET, Fv VUE (LRHBA) © 0% — pRAs7 comer ETORECS, ABAITERE CLM THES, MAGAAMS LOMMEMALTCHEDEDAEDCAUSE, aD REO © 34.9% Hmcar osome AMAATETH TURE, sare SAeNUMNAEWERELEL >. WEBER (RH) © he TREIPES RAS BOTMERREETLE. SPIYSIA (EI) @7.38 28227 scRw
Slide 9: YZ YZ YZ YZ YX)
YZ YZ YZ YZ YX) WAV OOKX XOX OOK YX OOEK KKK KKK KOK OKK) SSS KCI 1 OKT CIE I OCR CIE) EYES YOO LLY ELAS LLYN AYMAN AMAL YAN AALS AN A SSS KCI 1 OKT CIE I OCR CIE) LILYLYS SLL AALYIS SIPYLLYXSxZPYLLVJISJIPLLX&PJ_PLuLVIIWPPLaL_X«PFZ_PLLVJISISIPLLYXIFJPYLYVIFIS_ SSS KCI 1 OKT CIE I OCR CIE) EYES YOO L
Slide 10: 10,939,445 1,373,243 10,113,655 1,316,185 1,208,262 1,173,004 9,106,307 1,128,313 7,920,172 6,695,861 31,348 1,467,60…
10,939,445 1,373,243 10,113,655 1,316,185 1,208,262 1,173,004 9,106,307 1,128,313 7,920,172 6,695,861 31,348 1,467,608 29,295 1,303,172 27,594 1,292,290 1,225,751 25,608 1,097,365 23,080 10 
Slide 11: 500,000 50,000 400,000 40,000 300,000 30,000 200,000 20,000 100,000 10,000 0 0 11 
500,000 50,000 400,000 40,000 300,000 30,000 200,000 20,000 100,000 10,000 0 0 11 
Slide 12: YoY 91% 4年 CAGR102%
120,000,000 100,000,000 YoY 91% 4年 CAGR102% 80,000,000 60,000,000 40,000,000 20,000,000 0 12 
Slide 13: 100,000,000 90,000,000 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 13 
100,000,000 90,000,000 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 13 
Slide 14: 140% 115% 120% 103% 103% 96% 100% 80% 73% 80% 60% 20 40% 10
70 140% 60 115% 120% 103% 103% 96% 50 100% 80% 73% 80% 40 30 60% 20 40% 10 20% 0 0% 14 
Slide 15: 
15 
Slide 16: ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ 
‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ 16 
Slide 17: YZ YZ YZ YZ YX)
YZ YZ YZ YZ YX) WAV OOKX XOX OOK YX OOEK KKK KKK KOK OKK) SSS KCI 1 OKT CIE I OCR CIE) EYES YOO LLY ELAS LLYN AYMAN AMAL YAN AALS AN A SSS KCI 1 OKT CIE I OCR CIE) LILYLYS SLL AALYIS SIPYLLYXSxZPYLLVJISJIPLLX&PJ_PLuLVIIWPPLaL_X«PFZ_PLLVJISISIPLLYXIFJPYLYVIFIS_ SSS KCI 1 OKT CIE I OCR CIE) EYES YOO L
Slide 18: F4 Eyy-ykvb 0) NWa-Fa-7
© HABRCK-b7s AORN | Y-EARH/A-F-hRORME O BHLAHORMEMSHS | Fa-/MKNHB\ORGSMA z ra I F4 Eyy-ykvb 0) NWa-Fa-7 wv VRIAYb i te 0 ARENA & 2 @ Tt BERNIE UAT ORB 2) : SAMO MARIE gz sys GRBOUFY Yay e@ BBUF iS tet TAJ7ECtoTMEEE
Slide 19: ✦ ‣ ‣ ✦ ‣ ‣ ‣ ‣ ✦ ‣ ✦ ‣ ‣ ✦
✦ ‣ ‣ ✦ ‣ ‣ ‣ ‣ ✦ ‣ ✦ ‣ ‣ ✦ ‣ ‣ ✦ 19 
Slide 20: YZ YZ YZ YZ YX)
YZ YZ YZ YZ YX) WAV OOKX XOX OOK YX OOEK KKK KKK KOK OKK) SSS KCI 1 OKT CIE I OCR CIE) EYES YOO LLY ELAS LLYN AYMAN AMAL YAN AALS AN A SSS KCI 1 OKT CIE I OCR CIE) LILYLYS SLL AALYIS SIPYLLYXSxZPYLLVJISJIPLLX&PJ_PLuLVIIWPPLaL_X«PFZ_PLLVJISISIPLLYXIFJPYLYVIFIS_ SSS KCI 1 OKT CIE I OCR CIE) EYES YOO L
Slide 21: LOX REO OXKREOEX HE EXREK HEEB REOEKHIE YY
LOX REO OXKREOEX HE EXREK HEEB REOEKHIE YY AEN EMEC CNEM ERC LOM EOCUUM EO NOM EGON MER CREM CUCU ECC OM ECON OOO XK OOOO OI) OOK KO) KOO OX OXIA OK RIEL OOX LOX AEOX ROR OAXHELOXAOKIE AEN EMEC CNEM ERC LOM EOCUUM EO NOM EGON MER CREM CUCU ECC OM ECON OOO XK OOOO OI) OOK KO) KOO OX OXIA OK RIEL OOX
Slide 22: YZ YZ YZ YZ YX)
YZ YZ YZ YZ YX) WAV OOKX XOX OOK YX OOEK KKK KKK KOK OKK) SSS KCI 1 OKT CIE I OCR CIE) EYES YOO LLY ELAS LLYN AYMAN AMAL YAN AALS AN A SSS KCI 1 OKT CIE I OCR CIE) LILYLYS SLL AALYIS SIPYLLYXSxZPYLLVJISJIPLLX&PJ_PLuLVIIWPPLaL_X«PFZ_PLLVJISISIPLLYXIFJPYLYVIFIS_ SSS KCI 1 OKT CIE I OCR CIE) EYES YOO L
Slide 23: 18,000 4,500 14,000 3,500 10,000 2,500 1,500 6,000 2,000 (500) (2,000) 23 
18,000 4,500 14,000 3,500 10,000 2,500 1,500 6,000 500 2,000 (500) (2,000) 23 
Slide 24: BUYMA Fashion Marketplace
BUYMA = Fashion Marketplace 24
Slide 25: ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ 
‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ ‣ 25 
Slide 26: New Specialty Marketplace
New Specialty 🟰 Marketplace 26 
Slide 27: 
27 
Slide 28: 
28 
Slide 29: meQuru
meQuru
Slide 30: BUYMA meQuru TRAVEL
BUYMA meQuru TRAVEL
Slide 31: 
31 
Slide 32: 
32 
Slide 33: 
33 
Slide 34: YZ YZ YZ YZ YX)
YZ YZ YZ YZ YX) WAV OOKX XOX OOK YX OOEK KKK KKK KOK OKK) SSS KCI 1 OKT CIE I OCR CIE) EYES YOO LLY ELAS LLYN AYMAN AMAL YAN AALS AN A SSS KCI 1 OKT CIE I OCR CIE) LILYLYS SLL AALYIS SIPYLLYXSxZPYLLVJISJIPLLX&PJ_PLuLVIIWPPLaL_X«PFZ_PLLVJISISIPLLYXIFJPYLYVIFIS_ SSS KCI 1 OKT CIE I OCR CIE) EYES YOO L
Slide 35: Enigmo
eCrugma