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Globee shares extend gains in afternoon session on launch of original Common Test practice materials
Globee Inc <5575> shares extended gains in the afternoon session after the company announced the launch of proprietary practice materials for Japan's unified university entrance exams on its AI-driven English learning app, "abceed." The new content, specifically designed for the English section of the Common Test, was well-received by the market.
The materials include reading and listening sections from actual tests conducted between fiscal 2023 and 2025, with more years to be added sequentially. Each question features original explanations detailing the rationale for correct and incorrect answers. Globee expects the content expansion to broaden abceed's user base and increase paid memberships, potentially bolstering business performance. The company maintained its full-year earnings forecast for the fiscal year ending May 2026.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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