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© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Yahoo Japan to buy online fashion retailer Zozo for ¥400 bil
By Yuri Kageyama TOKYO©2024 GPlusMedia Inc.
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papigiulio
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
oyatoi
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.
Strangerland
Yahoo Japan. It's a different entity from Yahoo.
BackpackingNepal
There is only one Yahoo ie Yahoo Japan. Nobody uses other Yahoo that used to be. It nearly ruined Flickr.