TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
LY Corporation ( (JP:4689) ) has shared an announcement.
LY Corporation announced its decision to consolidate LINE MAN CORPORATION PTE. LTD. into a subsidiary, enhancing control and collaboration in the on-demand services market in Thailand. This strategic move is expected to classify LINE MAN and its subsidiaries as significant contributors to LY Corporation’s capital, potentially impacting the company’s market positioning and stakeholder interests.
The most recent analyst rating on (JP:4689) stock is a Buy with a Yen534.00 price target. To see the full list of analyst forecasts on LY Corporation stock, see the JP:4689 Stock Forecast page.
More about LY Corporation
LY Corporation operates in the technology industry, focusing on on-demand services and digital solutions primarily in the food delivery sector in Thailand. The company aims to strengthen its market position through strategic acquisitions and collaborations.
Average Trading Volume: 18,484,572
Technical Sentiment Signal: Buy
Current Market Cap: Yen3334.1B
Learn more about 4689 stock on TipRanks’ Stock Analysis page.