Cookpad’s Listing To Be Transfered To The First Section


The Tokyo Stock Exchange (TSE) announced Wednesday it will elevate Cookpad, a Tokyo-based recipe web service operator, to the First Section from the Mothers Section effective December 15.
Moving from Mothers or the second section to the first section generally means that the company is evaluated better, stable.
Early this year, I wrote how Rakuten chased Cookpad by paying newcomers to write recipes on The Japan Times. At that point, rapidly increased number of recipe on Rakuten seemed that people changed their service by money, however, even there are enough number of recipes on Rakuten, it was only data but users seemed not to migrate.
Cookpad(blue), Rakuten Recipe(red)
Cookpad seems not “growing” but keeps steady.
via ITMedia [J]

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