Komori
Business alliance7689Copa Corporation Inc.Trading & Wholesale

Business alliance with a group company of Asia's leading public relations firm

コパ・コーポレーション entered into a business alliance agreement with 株式会社ライブコマース to jointly operate a live commerce business on TikTok Shop. In addition to TikTok Shop operations, video production and live streaming, the companies will also work on joint product development and demonstration design.

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Agreements reached under this partnership

Business alliance
7689Copa Corporation Inc.
Alliance partner株式会社ライブコマース
Details of the alliance
  1. 1

    The companies will work together with 株式会社ライブコマース, which provides one-stop support covering the opening and operation of TikTok Shop, video production, live streaming, promotion, performance measurement and sales management, to advance these initiatives.

  2. 2

    Joint product development

  3. 3

    Demonstration design

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

About the partner
Business DescriptionTikTok Shop operations, live commerce, influencer casting and cross-border e-commerce
LocationMinato-ku, Tokyo
Impact on Business Performance

The impact of this matter on the company’s results for the current fiscal year is expected to be immaterial.

Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社ライブコマース
Alliance partner's business activitiesTikTok Shop operations, live commerce, influencer casting and cross-border e-commerce
Alliance partner's locationMinato-ku, Tokyo
Type of allianceBusiness alliance
Details of the allianceThe companies will work together with 株式会社ライブコマース, which provides one-stop support covering the opening and operation of TikTok Shop, video production, live streaming, promotion, performance measurement and sales management, to advance these initiatives., Joint product development, Demonstration design
Impact on Business PerformanceThe impact of this matter on the company’s results for the current fiscal year is expected to be immaterial.
Items this document does not state (17)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateChange 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.

The company believes that combining its expertise in demonstration-based sales with 株式会社ライブコマース’s specialized expertise in operating TikTok Shop will enable more effective live commerce.

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Business alliance with a group company of Asia's leading public relations firm | Copa Corporation Inc. (7689) timely disclosure | Komori