December 4, 2012
- GMO Commerce, Inc.
GMO Commerce and Yahoo! JAPAN
Partner to Grow Number of Merchants on Yahoo! Shopping
Tokyo, Japan – December 4, 2012 – GMO Internet Group company, GMO Commerce and Yahoo Japan Corporation today formed a partnership with the objective of expanding number of stores and trading volume on Yahoo! Shopping.
Background to Partnership
GMO Internet Group is a comprehensive provider of ecommerce solutions including SaaS based shopping cart technology, payment services and security services. Since 1999, Yahoo! JAPAN has operated Yahoo! Shopping, a shopping site featuring 20,406 stores (10/2012).
GMO Internet Group online store SaaS solution brands, ColorMeShop and MakeShop have had an alliance with Yahoo! Shopping since November 2010, and the collaborative relationship between GMO Internet Group and Yahoo! JAPAN in the ecommerce field is well established.
Looking ahead, GMO Commerce and Yahoo! JAPAN expect to see increasing growth in the ecommerce market and have formed a partnership with the objective of strengthening ties between the two companies and growing both number of stores and trading volume on Yahoo! Shopping.
Details of Partnership
- GMO Commerce to foster increase in new stores on Yahoo! Shopping
- Consulting services to be provided via GMO Commerce to new stores on Yahoo! Shopping
About GMO Commerce
GMO Commerce was established on November 22, 2012 to foster growth of new stores on Yahoo! Shopping and provide ecommerce consultation services. The company is key to GMO Internet Group's ecommerce strategy and is a wholly-owned subsidiary of GMO Internet.
About Yahoo Japan Corporation
Yahoo Japan Corporation (TSE1/JASDAQ: 4689) operates Yahoo! JAPAN, a comprehensive information site that provides search, content, community, commerce, mobile, smartphone and other services attracting over 48 million unique users a month*, and over 2.3 billion page views a day. The company was established January 31, 1996, and today is headquartered in Minato-ku Tokyo, led by Chief Executive Officer, Manabu Miyasaka.
*Access from households and workplaces, NetView, Nielsen Online (10/2012)
About GMO Internet Group
GMO Internet Group is a comprehensive provider of industry-leading Internet solutions including domain name registration, cloud-based and traditional hosting, ecommerce, security, and payment processing services that each hold the top share of their respective markets in Japan. Other key business areas for the Group include online securities/FX trading, Internet advertising, search engine marketing and online research, and smartphone game development and publishing. GMO Internet, Inc. (TSE: 9449) is headquartered in Tokyo, Japan.
Media Inquiries
Yahoo Japan Corporation
Public Relations
Email: [email protected]
GMO Internet, Inc.
Public Relations
Email: [email protected]
GMO Commerce, Inc.
Company Name | GMO Commerce, Inc. |
Location | 1-10-7 Dogenzaka, Shibuya-ku Tokyo, JAPAN |
CEO | Masato Yamana |
Business Description | Yahoo! Shopping agency, information provision, service planning and development, consultation, support, advertising agency |
Capital | JPY45 million (Paid-in capital JPY45 million) |
Yahoo Japan Corporation
Company Name | Yahoo Japan Corporation (TSE1/JASDAQ: 4689) |
Location | Midtown Tower, 9-7-1 Akasaka, Minato-ku Tokyo JAPAN |
CEO | Manabu Miyasaka |
Business Description | - Internet advertising - Ecommerce - Member services, other |
Capital | JPY8,022,215,252 |
GMO Internet, Inc.
Company Name | GMO Internet (TSE1: 9449) http://www.gmo.jp/en |
Location | Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN |
CEO | Masatoshi Kumagai |
Business Description | - Web Infrastructure & Ecommerce – Internet Media - Internet Securities – Social Media & Smartphone Platform |
Capital | JPY3 billion |