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Zozo stock soars after president vows to lay off Twitter

Shares of the online apparel retailer climb 10% after the announcement

Yusaku Maezawa told Twitter Thursday that he would be not use the platform for a while to focus on his job as Zozo president.   © Reuters

TOKYO -- Zozo, operator of online clothing marketplace Zozotown, saw its share price rise steeply after President Yusaku Maezawa said on Twitter Thursday that he would take a break from the social media platform.

"I will focus on my main job. I will continue to challenge myself. I will definitely produce results. Please allow me to take a break from Twitter for a while," Maezawa posted on Thursday around 2 pm.

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