The latest announcement is out from dely inc. ( (JP:299A) ).
Dely Inc. reported a recovery in media net sales from 2Q to 3Q, attributed to the absence of disruptions like the Paris Olympics and a typhoon. However, revenue per view remains below previous levels. The shopping segment saw significant growth due to Black Friday and year-end promotions, exceeding company expectations in both topline and gross profit. The company plans to increase advertising investment in 4Q to counteract the decline in user acquisition efficiency.
More about dely inc.
Dely Inc. operates in the digital media and e-commerce industry, focusing on media engagement and shopping promotions. The company is known for its Kurashiru Rewards program and its efforts to leverage advertising and promotional events to drive sales.
YTD Price Performance: -10.68%
Average Trading Volume: 397,180
Current Market Cap: Yen42.51B
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