CyberBuzz, Inc. completed the acquisition of WITHLIVE INC from Tsubasa Oshima.
October 06, 2022
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CyberBuzz, Inc. (TSE:7069) agreed to acquire WITHLIVE INC from Tsubasa Oshima for ¥600 million on September 15, 2022. As a part of transaction CyberBuzz, Inc. will acquire 12,592 common stock shares and 1,452 Class A preferred stock. In related transaction, Tsubasa Oshima entered into an agreement with other shareholders of the WITHLIVE to acquire all common shares and preferred stock. For the year ended December 31, 2021 WITHLIVE INC reported Total assets of ¥258.16 million, Net worth of ¥111.38 million, Sales of ¥646.9 million, Operating income of ¥84.09 million and Net income of ¥54.17 million. September 20, 2022 is the scheduled date of agreement. The transaction is expected to complete on October 3, 2022.
CyberBuzz, Inc. (TSE:7069) completed the acquisition of WITHLIVE INC from Tsubasa Oshima on October 7, 2022.
CyberBuzz, Inc. is a Japan-based company principally engaged in the advertising and marketing business through social media such as blogs, Twitter, Facebook and Instagram. The NINARY service and Ripre service is involved in the advertising and marketing business by influencers who have a certain number of readers and followers in social media. The Pochicome service operates a monitor Website that anyone can use if they use social media. The to buy service operates an online media where influencers introduce their personal items and services as original articles. The SNS Account Management service supports the operation of social media accounts that are officially operated by client companies. In addition to sales of services operated by the Company, the Internet advertising agency sales service also sells advertising products centered on social media-related advertisements such as YouTube, Instagram, Facebook, Twitter, and LINE.
CYBERBUZZ, INC. 
