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Inforich, Inc. ( (JP:9338) ) has shared an update.
Inforich Inc. will acquire 49% of CHARGESPOT (THAILAND) COMPANY LIMITED, converting the Thai franchise operator of its CHARGESPOT service into a consolidated subsidiary in order to directly manage operations and accelerate strategic investment. The move is intended to strengthen Inforich’s position in Thailand—already its largest ASEAN hub with over 80% market share and 1,930 installed battery stands—by enabling faster deployment, improved sales and procurement efficiency, and a stronger earnings base, while also leveraging synergies with its media, entertainment, and advertising initiatives as Thai content grows in regional prominence.
The most recent analyst rating on (JP:9338) stock is a Buy with a Yen2642.00 price target. To see the full list of analyst forecasts on Inforich, Inc. stock, see the JP:9338 Stock Forecast page.
More about Inforich, Inc.
Inforich Inc., listed on the Tokyo Stock Exchange Growth Market, operates in the mobile battery sharing and location-based technology sector. Its flagship service, CHARGESPOT, provides shared mobile battery rental across nine countries and regions, with a growing focus on high-traffic venues such as convenience stores, shopping malls, and transport hubs, particularly within the ASEAN market.
Average Trading Volume: 198,933
Technical Sentiment Signal: Sell
Current Market Cap: Yen18.76B
For an in-depth examination of 9338 stock, go to TipRanks’ Overview page.