YAHOF - Z Holdings: Recent Announcements Mark Positive Steps In The Longer-Term Growth Story
- Z Holdings has announced the acquisition of the Japanese trademark rights to the Yahoo! Brand and a limited rollout of an instant delivery service with Demae-Can.
- With the company no longer having to fund ongoing royalties, expect stronger profitability ahead.
- While the instant delivery service launch is also positive, it will likely take time to gain traction.
- With shares trading down in recent months despite the solid longer-term growth outlook, I see plenty of upside ahead.
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Z Holdings: Recent Announcements Mark Positive Steps In The Longer-Term Growth Story