IID, Inc. entered into a contract to acquire 70.7% stake in FIT Pacific, Inc.
October 24, 2022
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IID, Inc. (TSE:6038) entered into a contract to acquire 70.7% stake in FIT Pacific, Inc. on October 25, 2022. The Board of Directors of IID, Inc. resolved the transaction on October 25, 2022. The planned execution date of share transfer is November 1, 2022.
IID, Inc is a Japan-based company principally engaged in news Website operation and marketing research business. The Company operates in two business segments. Content Marketing Platform (CMP) segment operates 52 Website media & content and five magazines covering 20 genres, mainly news Websites, for seven industries such as automobiles and related products. Content Marketing Solutions (CMS) segment is mainly involved in the provision of two solutions: research solutions and e-commerce (EC) solutions. Research solutions provide large-scale quantitative surveys and qualitative surveys for individual consumers. EC Solutions develops the business centering on the provision of marbleASP, the original EC system.