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ValueCommerce Announces Changes in Relationship with LY Corporation

Story Highlights
  • ValueCommerce is integral to Yahoo! Shopping’s expansion, providing marketing and e-commerce solutions.
  • LY Corporation will replace certain services, ending agreements with ValueCommerce in July 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ValueCommerce Announces Changes in Relationship with LY Corporation

ValueCommerce Co., Ltd. ( (JP:2491) ) has shared an update.

ValueCommerce Co., Ltd. announced changes involving its controlling shareholder, LY Corporation, which indirectly owns 28.18% of its voting rights. As LY Corporation shifts its business strategy to develop new services in-house, the existing transaction agreement for services like StoreMatch and STORE’s R ∞ will end in July 2025. ValueCommerce will support the transition to LY Corporation’s new services, while maintaining its independence and decision-making autonomy.

More about ValueCommerce Co., Ltd.

ValueCommerce Co., Ltd. operates within the commerce business sector, focusing on providing marketing and e-commerce solutions. The company plays a key role in expanding Yahoo! Shopping, an online shopping platform operated by LY Corporation, by offering advertising and various shopping solutions.

YTD Price Performance: -34.27%

Average Trading Volume: 256,508

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: Yen24.98B

See more data about 2491 stock on TipRanks’ Stock Analysis page.

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