ZOZO ( (JP:3092) ) has issued an update.
ZOZO, Inc. has announced its acquisition of LYST LTD, a leading global fashion shopping platform, to make it a wholly owned subsidiary. This strategic move is aimed at accelerating ZOZO’s growth in the global market by leveraging Lyst’s AI-driven fashion discovery platform, which features over 27,000 brands. The acquisition aligns with ZOZO’s mission to inspire and provide better fashion choices worldwide, enhancing its industry positioning and potentially transforming the fashion shopping experience.
More about ZOZO
ZOZO, Inc. is a company focused on expanding its presence in the international market through innovative strategies. It operates under the philosophy of ‘Inspire the world. Deliver joy every day.’ The company has historically expanded through licensing its technology and forming partnerships with local companies.
YTD Price Performance: -5.45%
Average Trading Volume: 441
Technical Sentiment Signal: Sell
Current Market Cap: $8.46B
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