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SHIFT, Inc. ( (JP:3697) ) just unveiled an update.
SHIFT Inc. has announced the acquisition of a 33% stake in Rise Consulting Group, Inc., converting it into an equity-method affiliate, and has entered into a Business and Capital Alliance Agreement with Rise. This strategic move is expected to enhance SHIFT’s capabilities in upstream processes, expand its market reach, and increase its brand value in the consulting domain. The collaboration aims to broaden project opportunities, improve customer engagement, and support the company’s growth objectives.
More about SHIFT, Inc.
SHIFT Inc., headquartered in Minato-ku, Tokyo, Japan, specializes in software quality assurance services across various industries, including enterprise and entertainment. The company is focused on sustainable growth and has set a long-term vision, SHIFT3000, aiming for ¥300 billion in net sales.
YTD Price Performance: -5.56%
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.92B
For a thorough assessment of 3697 stock, go to TipRanks’ Stock Analysis page.