Qoria announces partnership with BBSS

Qoria (ASX:QOR) has announced a strategic partnership with BBSS Corporation, a SoftBank Corp. subsidiary, to introduce Qustodio's digital wellbeing solutions in Japan. The initiative aims to launch in early 2025, addressing the rising demand for parental control tools.

Key details and future outlook

Qoria Limited, via its division Qustodio, has partnered with BBSS Corporation to provide digital wellbeing solutions in Japan. The agreement, which is non-exclusive and indefinite, aims to create a safer digital environment for families by utilizing Qustodio's online safety expertise and BBSS's security service experience. Qustodio, established in 2012, offers solutions in multiple languages across numerous countries, designed to protect children online and promote healthy digital habits. The partnership is seen as strategically crucial for Qoria's expansion into the Japanese market, though financial details remain undisclosed. This move underscores the growing need for effective digital wellbeing tools in a tech-forward country like Japan.

Executive insights on partnership

Viktorija Miliajeva, CEO of Qustodio, emphasized the importance of supporting families to navigate the digital world safely. Shinya Honda, CEO of BBSS, highlighted the importance of this partnership in enhancing the digital experiences of their customers.