Part 1: Restructure to center on fast-growing SHOPLIST; transfer the volatile Social Games Business to concentrate management resources
November 02, 2016 at 05:02 am EDT
Share
CROOZ, Inc. (headquarters: Minato-ku, Tokyo; CEO: Koji Obuchi) hereby announces that the Board of Directors, at a meeting held on October 13, 2016, formulated a policy for 'revising the business portfolio to persist as a long-lasting company, making SHOPLIST the brand that represents fast fashion e-commerce,' and made three decisions based on this policy. The first decision is to concentrate management resources on fast-growing SHOPLIST.com and transfer the highly volatile Social Games Business. As a result, the Social Games Business excluding Elemental Story will be transferred to the Mynet Group*.
Click here
for more information.
CROOZ Inc. published this content on 13 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 November 2016 09:02:06 UTC.
Original documenthttp://crooz.co.jp/en/21069.html
Public permalinkhttp://www.publicnow.com/view/9F753D8EA1AF1A75E2A7E9EB782C9C9D18C643D3
CROOZ,Inc. is a Japan-based company mainly engaged in the provision of services through the Internet. The Company operates in three business segments, including the Internet Content segment, the Internet Commerce segment and the Internet Solution segment. The Company mainly involves in the provision of social games, as well as the blog sites and Internet mail order sites for women. Through the provision of social game named Mobage, the Company obtains usage fees from the users via social game platform companies. It also involves in the provision of charging contents to communication carriers, as well as the provision of licensed contents.
CROOZ, INC. 
