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Business alliance3674Aucfan Co.,Ltd.Information and Communications, Services and Others

aucfan Enters into a Capital and Business Alliance with CREOK to Create a Live-Commerce Market for Reused Goods

Aucfan invested in CREOK and began a capital and business alliance. The two companies will combine their live-commerce operating capabilities with their data and distribution networks for reused goods to create a new sales model for reused goods and pre-owned branded goods.

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Agreements reached under this partnership

Capital and Business Alliance
3674Aucfan Co.,Ltd.
Alliance partnerCREOK Co., Ltd.
Details of the alliance
  1. 1

    Use of operating experience gained through live-commerce sales, including on TikTok Shop

  2. 2

    Provision of expertise accumulated through TikTok Shop operations in product sourcing, sales-funnel design and streaming-based sales

  3. 3

    Use of operational expertise to promote sales and generate recurring revenue by combining live streaming with short-form videos

  4. 4

    Development of merchandise by leveraging contacts with reused-goods businesses, companies holding inventory and B2B distribution networks

  5. 5

    Selection of potential products for sale, including reused goods, pre-owned branded goods and inventory liquidation merchandise

  6. 6

    Development of pricing and sales policies using product data and market-price data

  7. 7

    TikTok Shop operating support

  8. 8

    Provision of live-streaming design and streaming operations

  9. 9

    Provision of expertise in content direction and planning

  10. 10

    Creator development and engagement, and live-commerce sales support

  11. 11

    Provision of streaming environments, including CREOK LAB, and live-commerce operating expertise

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Acquisition priceThe investment amount is not disclosed
About the partner
Business DescriptionTikTok Shop operating support / live-commerce studio operation / creator development / streaming marketing support
LocationKoto-ku, Tokyo
Share capital¥100 million, including capital reserves
Alliance start dateThe disclosure dated 1 July 2026 states that the capital and business alliance will begin, but the specific start date is Not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerCREOK Co., Ltd.
Alliance partner's business activitiesTikTok Shop operating support / live-commerce studio operation / creator development / streaming marketing support
Alliance partner's locationKoto-ku, Tokyo
Alliance partner's capital¥100 million, including capital reserves
Type of allianceCapital and Business Alliance
Details of the allianceUse of operating experience gained through live-commerce sales, including on TikTok Shop, Provision of expertise accumulated through TikTok Shop operations in product sourcing, sales-funnel design and streaming-based sales, Use of operational expertise to promote sales and generate recurring revenue by combining live streaming with short-form videos, Development of merchandise by leveraging contacts with reused-goods businesses, companies holding inventory and B2B distribution networks, Selection of potential products for sale, including reused goods, pre-owned branded goods and inventory liquidation merchandise, Development of pricing and sales policies using product data and market-price data, TikTok Shop operating support, Provision of live-streaming design and streaming operations, Provision of expertise in content direction and planning, Creator development and engagement, and live-commerce sales support, Provision of streaming environments, including CREOK LAB, and live-commerce operating expertise
Acquisition priceThe investment amount is not disclosed
Alliance start dateThe disclosure dated 1 July 2026 states that the capital and business alliance will begin, but the specific start date is Not disclosed
Items this document does not state (15)
Alliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To combine the track records and expertise the two companies have developed in the TikTok Shop and live-commerce fields with Aucfan's knowledge, product data and market-price data relating to reused goods, and CREOK's expertise in streaming, content production and creator engagement.

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aucfan Enters into a Capital and Business Alliance with CREOK to Create a Live-Commerce Market for Reused Goods | Aucfan Co.,Ltd. (3674) timely disclosure | Komori