Like everywhere else, the Japanese market is full of Groupon clones. Market share-wise, the “original” Groupon (Groupon Japan) is leading after it acquired one of its local clones earlier this year. It’s followed by Piku, the first Groupon-like service in this country.
But Japanese venture capital companies still see room for even more coupon services. CNET today reports that major VC firm JAFCO has just pumped 500 million Yen (US$6 million) into a Groupon clone called Luxa through a third-party allocation of shares.
Luxa was established as a separate entity just last month. Before, operations were run by a company called BizReach, which does something completely different: it’s essentially a job service for people looking for 10 million Yen+ salaries (and has nothing to do with e-commerce). In March this year, JAFCO invested in BizReach, too (namely a total of US$2.6 million).
Luxa will use the service to broaden its market (it’s currently active in Tokyo only) and offer a wider range of services.
Link to full article
e27 will be holding another 
Serial entrepreneur and investor 
People have created an interesting name for these Android powered Apple style tablets: DroiPad. you may have been tired of those Android powered iPad clones. Here we are going to introduce something new. This DroiPad has gone a different way from those iPad clones that it’s try to clone the recently hottest device iPhone 4. It’s looks like just a giant iPhone 4, as you can see from the picture. It packs a 720Mhz Telechips TCC89027 chip, a 7 inches 800*480 capacitive touchscreen, Android 2.1 OS, and a 3000mAH battery. It’s storage and memory stay unkown. It supports 1080 decoding, with a HDMI port to output videos. As a 7 inches device, it’s a little heavy, with weight of 500g. Still no information about the price and launch time. 
[Source: 