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Linkage Global Inc (LGCB) delivers integrated cross-border e-commerce solutions through supply chain optimization, digital marketing strategies, and ERP software. This news hub provides investors and trade professionals with timely updates on operational developments, market expansions, and strategic initiatives shaping global commerce.
Access official press releases and curated analysis covering earnings announcements, partnership agreements, and service innovations. Monitor updates on Japan-focused operations, supply chain enhancements, and digital platform expansions that impact international trade efficiency.
Key content includes regulatory filings, management commentary, and industry trend reports. Stay informed about LGCB's initiatives in social e-commerce integration, merchant training programs, and cross-border logistics improvements across Asian markets.
Bookmark this page for structured updates on LGCB's progress in simplifying global trade. Combine real-time alerts with historical context to analyze the company's evolving role in international e-commerce solutions.
Linkage Global (NASDAQ: LGCB) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company, which received a non-compliance notice on October 31, 2024, was given until April 29, 2025, to meet the listing rule requiring a minimum bid price of $1.00.
The cross-border e-commerce integrated service company headquartered in Japan has maintained its Class A ordinary shares at or above $1.00 for 10 consecutive business days between April 7-22, 2025, satisfying Nasdaq's requirements. With this achievement, Nasdaq's Listing Qualifications Department has confirmed the company's compliance status, and the matter has been closed.
Linkage Global (NASDAQ: LGCB) has announced a 10-for-1 share consolidation effective April 7, 2025, following board approval on March 21, 2025. The consolidation aims to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) to maintain its Nasdaq listing.
Under the consolidation, every 10 ordinary shares will automatically combine into one share, with no fractional shares being issued. Shareholders entitled to fractional shares will receive one full share instead. The company's shares will continue trading under the symbol 'LGCB' but with a new CUSIP Number G5500B128.
The company's authorized share capital will remain at US$2,500,000, with Class A ordinary shares adjusted to 998,000,000 (par value US$0.0025) and Class B ordinary shares to 2,000,000 (par value US$0.0025).
Linkage Global reported financial results for fiscal year 2024, showing a 19.19% decrease in total revenues to USD10.29 million from USD12.73 million in FY2023. Despite revenue decline, gross profit increased by 123.91% to USD4.17 million, primarily driven by new fully managed e-commerce operation services launched in April 2024, which generated USD3.28 million in revenue with an 89.62% gross margin.
Cross-border sales decreased by USD4.11 million, with Japanese subsidiary experiencing a 53.12% decline due to yen depreciation. Digital marketing revenues fell from USD1.53 million to USD0.31 million following Google's stricter incentive policies. The company's net loss improved by 32.69% to USD0.44 million from USD0.65 million in FY2023.
Linkage Global (NASDAQ: LGCB) has received a notification from Nasdaq on October 31, 2024, regarding non-compliance with the minimum bid price requirement. The company's stock has traded below the required $1 per share for 30 consecutive business days. Linkage has been granted an initial 180-day compliance period until April 29, 2025, to regain compliance. If unsuccessful, the company may be eligible for an additional 180-day period if it meets other listing requirements. The company is evaluating options to regain compliance, though success is not guaranteed.
Linkage Global Inc (NASDAQ: LGCB), a cross-border e-commerce integrated services provider based in Japan, has appointed Mr. Hanson Ji as its new Chief Financial Officer, effective October 07, 2024. Mr. Ji brings nearly 10 years of experience in auditing and capital markets to the role.
Mr. Ji's background includes senior positions at Zhongrui Capital (Hong Kong) , where he managed IPO financial consulting, and Xingyin Information Technology (Shanghai), known as 'Xiaohongshu App', where he oversaw internal control audits. He also worked as a senior auditor at Ernst & Young Hua Ming LLP Shanghai Branch.
A Chinese Certified Public Accountant, Mr. Ji holds a Bachelor of Commerce in Accounting and Finance from Monash University. Linkage's CEO, Mr. Zhihua Wu, expressed confidence that Mr. Ji's expertise will drive the company's further development.
Linkage Global Inc, a cross-border e-commerce integrated services provider, reported its financial results for H1 2024. Key highlights include:
- Net revenues decreased to USD4.80 million from USD9.03 million in H1 2023
- Gross profit fell 64% to USD0.71 million, with gross margin at 14.77%
- Net loss of USD0.90 million compared to net income of USD0.55 million in H1 2023
The decline was primarily due to tightened inspection policies for goods imported from Japan to China, Japanese yen depreciation, and reduced incentives from Google for digital marketing services. The company is diversifying its advertising partnerships and focusing on other e-commerce related services in response to these challenges.
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