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Timee Partners with Watami to Tackle Food Industry Labor Shortages

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Timee Partners with Watami to Tackle Food Industry Labor Shortages

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Timee, Inc. ( (JP:215A) ) has provided an announcement.

Timee, Inc. has announced a strategic business alliance with Watami Fast Casual, a subsidiary of Watami Co., Ltd., to manage new Subway stores using Timee’s on-demand job platform. This collaboration aims to create an industry-first model to address labor shortages in the food industry and promote business growth. The alliance will initially implement a ‘Timee-only’ store management model at Subway locations, with plans to expand this approach to other stores. While not expected to impact Timee’s short-term financial results, the partnership is anticipated to improve business performance in the medium to long term and contribute to the sustainable growth of the food industry.

More about Timee, Inc.

Timee, Inc. operates in the on-demand job platform industry, providing solutions to address labor shortages. It focuses on leveraging its platform to enhance workforce flexibility and efficiency, particularly in the food service sector.

YTD Price Performance: -9.92%

Average Trading Volume: 3,692,713

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen137.8B

Learn more about 215A stock on TipRanks’ Stock Analysis page.

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