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CERES INC. ( (JP:3696) ) has provided an update.
CERES INC.’s subsidiary, studio15 Inc., has launched support services for TikTok Shop in Japan, following the platform’s official launch. Studio15 has obtained three partner certifications, enhancing its ability to manage creators and promote sales through TikTok. This move aligns with CERES INC.’s strategy to leverage video commerce as a growth opportunity, integrating its media, affiliate, and D2C operations to strengthen its market position. While the immediate financial impact is minimal, the expansion into TikTok Shop is expected to boost profitability and corporate value in the medium to long term.
More about CERES INC.
CERES INC. operates in the internet media industry, focusing on smartphone-optimized platforms. Its primary services include ‘Moppy,’ a major point-reward website in Japan, the affiliate advertising platform ‘AD.TRACK,’ and a Direct-to-Consumer (D2C) business. The company has a vertically integrated model that combines D2C, affiliate programs, and media, providing a competitive edge.
Average Trading Volume: 681,848
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen28.2B
Find detailed analytics on 3696 stock on TipRanks’ Stock Analysis page.