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---
description: The proposed transaction connects Japan’s e-gifting group with a digital gift card business operating across the Gulf.
title: giftee agrees to buy 91% of digital gift card provider YOUGotaGift
image: https://giftcard.news/images/social/v1/giftee-agrees-buy-91-digital-gift-card-provider-yougotagift-9eb53fdb5d388a60a6e96609ea45e2bc.jpg
---

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3. giftee agrees to buy 91% of digital gift card provider YOUGotaGift

[Industry Deals](https://giftcard.news/industry-deals/) News 

# giftee agrees to buy 91% of digital gift card provider YOUGotaGift

The proposed transaction connects Japan’s e-gifting group with a digital gift card business operating across the Gulf.

By [Maya Bennett](https://giftcard.news/author/maya-bennett/) Published: November 11, 2024 at 07:04 AM 1 min read 

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![YOUGotaGift article image for giftee agrees to acquire 91% of YOUGotaGift](https://giftcard.news/images/variants/v1/giftee-agrees-buy-91-digital-gift-card-provider-yougotagift-article-image-acquire-w684.webp) 

 Photo: Source: yougotagift.com 

[YOUGotaGift](https://giftcard.news/company/yougotagift/) announced an agreement to sell a 91% stake to Japan’s [giftee](https://giftcard.news/company/giftee/) on November 11, 2024\. The transaction would give giftee a larger presence in the Gulf’s digital gift card market.

The Dubai-based company said the deal was subject to regulatory approvals and customary conditions, with completion expected by the end of that month. The announcement therefore described an agreed transaction awaiting completion.

YOUGotaGift’s existing management team was expected to remain. The company said shares held by existing investors, including Middle East Venture Partners and HoneyBee Tech Ventures, would be bought out as part of the ownership change.

giftee already operated in Japan and several Southeast Asian markets. Its chief executive, [Mutsumi Ota](https://giftcard.news/person/mutsumi-ota/), highlighted similarities between the companies’ consumer and corporate gifting businesses.

YOUGotaGift described a network of more than 1,000 brands and 2,500 corporate clients at the time, including over 50 major loyalty programmes. Both companies linked the agreement to plans for international expansion and further development of digital incentives and employee benefits.

## Sources and documents

ExpandCollapse 
* [giftee agrees to acquire 91% of YOUGotaGift](https://yougotagift.com/business/digital-gift-cards-market-pioneer-yougotagift-sells-majority-stake-to-international-egifting-platform-giftee-inc-cementing-its-leading-position-and-unlocking-global-opportunities/?utm%5Fsource=giftcard.news) — yougotagift.com

## In this article

### Companies

* [YOUGotaGift](https://giftcard.news/company/yougotagift/)
* [giftee](https://giftcard.news/company/giftee/)

### People

* [Mutsumi Ota](https://giftcard.news/person/mutsumi-ota/)

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![Portrait of Maya Bennett](https://giftcard.news/images/variants/v1/maya-bennett-editorial-portrait-w320.webp) 

About the author

## [Maya Bennett](https://giftcard.news/author/maya-bennett/)

Journalist — Rewards & Loyalty

Maya Bennett covers customer loyalty, employee rewards and incentive programmes for Gift Card News.

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