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Yakkyo Lists On The Professional Segment Of Euronext Growth Milan

Date 29/12/2023

  • 34th listing of 2023 on Euronext Growth Milan
  • 64th listing on Euronext in 2023

 

Borsa Italiana, part of the Euronext Group, today congratulates Yakkyo on its listing on the Professional Segment of Euronext Growth Milan.

Yakkyo is an innovative SME that, on behalf of its customers, deals with the procurement, storage and logistic phases of goods to all over the world, through the proprietary platform Yakkyofy. It is the only company headquartered in Europe that develops integrated software solutions for the drop shipping and wholesale processes of third-party products through the use of AI.

Yakkyo represents the 34th listing on Borsa Italiana’s market dedicated to small and medium-sized companies and it is the 64th listing of the year on Euronext.

The listing of Yakkyo on the Professional Segment of Euronext Growth Milan was completed through the admission of 5,491,150 ordinary shares, through a Direct Listing procedure.

Giovanni Conforti, Chairman and CEO of Yakkyo S.p.A., commented: “After the fundraising and the crowdfunding operations, which allowed the initial development of the company, the listing on Euronext Growth Milan represents a strategic step for the development of Yakkyo. The listing, in fact, will allow us to accelerate our organic growth, consolidate our presence abroad and enhance our platform by making the most of the technological drivers linked to Artificial Intelligence. This will allow us to develop our drop shipping services and those related ones to the various business models in e-commerce increasingly efficient and of high value for our customers, thanks to an increasingly advanced level of automation. At the same time, we are committed to supporting sellers also on the digital marketing front by solving the most time-consuming tasks, to allow them to focus on developing what makes their online business unique. From this perspective, we offer them the freedom to dedicate themselves to creativity, style and everything in which they are not substitutable, so that they can successfully develop the brand and give it a distinctive flavour.”

Yakkyo

Caption: Giovanni Conforti, Chairman and CEO of Yakkyo, rang the bell during the market open ceremony this morning to celebrate the listing of the company.