NE Inc. [441A.T]

TOKYO, Apr 17 (Pulse News Wire) – 441A.T (441A.T) announced today that its board of directors approved a basic agreement with Cafe24 Corp. , to explore potential business collaboration.

The agreement aims to leverage Cafe24's global e-commerce platform and marketing expertise alongside 441A.T’s domestic operations and supply chain management capabilities. Under the agreement, both companies plan to support each other's customers entering new markets. Specifically, Cafe24 will assist 441A.T.'s clients in expanding into Korean and Asian markets, while 441A.T. will help Cafe24's clients enter the Japanese market. Additionally, the two firms intend to integrate their systems and data infrastructure to enhance global sales support and develop joint marketing initiatives.

Cafe24 Corp., headquartered in Seoul, was founded in 1999 and currently holds a capital of ¥121 billion won. Its key shareholder is Google International LLC with a holding ratio of 25.5%. In recent years, Cafe24 reported revenues of ¥2,711 billion won and operating profit of ¥15 billion won in fiscal year 2023. The basic agreement is expected to be finalized on April 20, 2026, followed by the execution of a detailed business partnership contract on May 18, 2026. The company expects the initial impact on its current performance to be minor but will promptly disclose any significant developments.

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