Thinking Points DesignOne (TSE: 6048) operates a growing local search website “Ekiten”, a service similar to Yelp (NYSE: YELP) in the United States. Since starting its paid listing service in 2011, the company grew both revenues and operating income at a 32.8% CAGR pace. More recently, however, growth has stagnated.Although a leader in local search, […]
