AXXZIA, Inc. (JP:4936) has released an update.
AXXZIA Inc. has announced the establishment of a new subsidiary in Shenzhen, China, to bolster its e-commerce operations and enhance its global competitiveness. The subsidiary, named AXXZIA (Shenzhen) International E-Commerce Co., Ltd., will manage e-commerce functions including customer service, sales promotion, and logistics, initially supporting the US and later Southeast Asian operations. The move is expected to have a negligible impact on the company’s consolidated financial results.
For further insights into JP:4936 stock, check out TipRanks’ Stock Analysis page.