Research Coverage

Ceres

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Summary

Ceres splits its operations into two reporting segments, the Mobile Service segment and the Financial Service segment. Encompassing the company’s point media business (operation of reward point websites), affiliate program business, content media business, and consolidated subsidiary Yumemi.The Financial Service segment, which includes the company’s virtual currency-related businesses, factoring services, and investment development businesses.Most of the company’s revenue comes from performance-based advertising fees.


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