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NEW YORK/TOKYO - TNL Mediagene (NASDAQ:TNMG), a Tokyo-based digital media company with a market capitalization of $12 million, appointed TJ Park as General Counsel and Naoko Okumoto as an independent director to its Board, according to a press release issued today. According to InvestingPro analysis, the company appears undervalued despite facing significant operational challenges, including rapid cash burn and short-term liquidity concerns.
Park joins from Morrison & Foerster LLP’s Tokyo office, where he specialized in cross-border capital markets, public company advisory and corporate governance. He holds a J.D. from Georgetown University Law Center and a B.A. from the University of California, Berkeley.
Okumoto brings over two decades of experience in tech investment and cross-border business development. She currently serves as Founder and Managing Partner of NIREMIA Collective, an early-stage venture capital fund focused on health and wellbeing technology, and as CEO of Amber Bridge Partners, a cross-border business advisory firm. She previously held positions at Yahoo! Inc. and Microsoft Corporation.
"Following our transformative merger with Mediagene in May 2023 and subsequent listing on the NASDAQ market in December 2024, we set out to bolster our C-Level and Board of Directors with talent from top global enterprises," said Joey Chung, Founder and CEO of TNL Mediagene. The company has shown strong revenue growth of 35% in the last twelve months, though InvestingPro data reveals significant challenges ahead with 11 key risk factors identified for investors to consider.
Okumoto will join the company’s Board alongside Marcus Brauchli, former editor of both the Washington Post and Wall Street Journal, and Lauren Zalaznick, former Executive Vice President at NBC Universal, among others. She will chair the Nominating and Corporate Governance Committee and serve on the Audit Committee.
TNL Mediagene was formed in May 2023 through the merger of Taiwan’s The News Lens Co. and Japan’s Mediagene Inc. The company operates media brands in Japanese, Chinese, and English, covering news, business, technology, and lifestyle content across Asia. Financial metrics from InvestingPro show the company maintains a 37% gross profit margin despite current market challenges, though its current ratio of 0.54 indicates potential liquidity concerns. Unlock comprehensive financial analysis and 12 additional exclusive ProTips by subscribing to InvestingPro.
In other recent news, TNL Mediagene reported several significant developments that highlight its growth and expansion strategies. The Tokyo-based digital media company announced that its Commerce business within the Technology unit surpassed $20 million in gross merchandise value (GMV) through May 2025. This achievement was driven by content commerce initiatives and contributed significantly to the company’s revenue growth. Additionally, TNL Mediagene has made strides in its AI initiatives, with its AI-assisted translation system enabling the publication of over 5,000 articles since 2024, including 1,200 in the second quarter of 2025.
The company is also expanding into new language markets and forming content commerce partnerships, as noted in a recent shareholder letter. TNL Mediagene has further strengthened its leadership team by appointing Aya Miyake as Chief Governance Officer and Carly Ma as Chief Human Resources Officer, aiming to enhance governance and talent management. The company has also outlined plans for mergers and acquisitions as part of its strategic expansion efforts. These initiatives are part of TNL Mediagene’s broader strategy to improve revenue growth and enhance its Adjusted EBITDA margins.
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