business

Yahoo Japan to buy online fashion retailer Zozo for ¥400 bil

5 Comments
By Yuri Kageyama

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5 Comments
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Wow, I didn't know Yahoo had that much money.

Anyway another company Yahoo can ruin. They will probably require you to get a yahoo account to shop at Zozo. blegh

8 ( +9 / -1 )

Zozo’s share price has tanked, from a peak of around ¥4,000 in October 2018 to almost half that when this deal went through less than a year later. Hemorrhaging money at that speed doesn’t say much for Maezawa’s business acumen. If things get tougher, he can always put the Stradivarius and Basquiat up on ヤフオク and take a rain check on that flight to the moon.

5 ( +5 / -0 )

Wow, I didn't know Yahoo had that much money.

Yahoo Japan. It's a different entity from Yahoo.

7 ( +7 / -0 )

Maezawa should have been given the gate 2 years ago, but his board was made up of cronies and sycophants. He is an egotist and a micromanager who ran the company as his personal feifdom and paid his employees peanuts. He can sell his plane, cars, boats, artwork and houses if he's short of cash. His employees certainly are.

7 ( +7 / -0 )

There is only one Yahoo ie Yahoo Japan. Nobody uses other Yahoo that used to be. It nearly ruined Flickr.

0 ( +0 / -0 )

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