Tag: yahoo

Retail Asia27/06/2022
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6min1
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned off notifications on his crypto trading app after buying it at $38,000 and losing over VND40 million ($1,720). But he has returned and bought a 10th of a token after […]

Retail Asia13/02/2020
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1min0
Yahoo! Hong Kong is to close its commercial operations, including Yahoo! Auctions, Yahoo! Store, and Yahoo! Group Buy. The company posted a message in Chinese on its website yesterday, announcing the move. Yahoo! Hong Kong said the decision reflected a “strategic directional change” and said new shopping experiences will come. Citing “fierce competition”, the platform […]

Retail Asia07/10/2019
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2min0
Yahoo is desperately trying to become relevant once again. We’re not sure how many people still own a Yahoo email account, but it looks like the company has just unveiled a brand new logo and a new Yahoo Mail app. The new app is available for Android and iOS users starting today and brings some important changes […]

Retail Asia25/09/2019
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1min0
Yahoo Japan reportedly has plans to buy the owner of Zozotown, the country’s largest online fashion retailer, before expanding the business to take on e-commerce heavyweights Rakuten and Amazon. According to Nikkei, Yahoo Japan wants to buy a majority of the retailer’s shares and then convert it to a subsidiary operation but will retain its […]

Retail Asia13/06/2019
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3min0
Verizon Media has announced an aggressive expansion program for Hong Kong for the next 180 days and the year ahead, including the expansion of its Yahoo Studio in the market. The studio will be equipped with audio-visual production equipment for creating HD videos with virtual settings and advanced motion capture capabilities to deliver broadcaster grade production. The studio […]

Retail Asia27/03/2018
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1min0
Yahoo Japan Corp. is considering entry into the virtual currency exchange business, according to sources. Via a subsidiary, the company is planning to buy a stake in bitARG Exchange Tokyo, a Tokyo-based exchange operator registered with the Financial Services Agency. Blockchain technology, which is the basis of virtual currencies, is expected to be applied across […]

Retail Asia05/03/2018
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3min0
Aeon and Yahoo Japan have not had tremendous success with their own e-commerce ventures, according to the report. Softbank’s IT prowess is seen as key to enabling Aeon to make the most of its brick-and-mortar assets in a retail sector quickly evolving as customer data and technologies such as artificial intelligence are leveraged to create […]

Retail Asia15/06/2017
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3min0
Yahoo’s chief executive Marissa Mayer resigned as Verizon finalized the $4.48 billion deal. Internet pioneer Yahoo ended its two-decade run as an independent company on Tuesday, completing the sale of its core online assets to telecom giant Verizon. Yahoo’s chief executive Marissa Mayer resigned as expected, as Verizon finalized the $4.48 billion deal integrating the […]

Retail Asia26/02/2017
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3min0
Yahoo Japan has selected Infinera Cloud Xpress to interconnect its data centers in Osaka. The Cloud Xpress enables Yahoo Japan to interconnect data centers with hyper-scale density, operational simplicity and low power consumption. Working closely with Infinera partner Itochu Techno-Solutions, Yahoo Japan deployed the Infinera Cloud Xpress to address the need for more capacity. Itochu […]

Retail Asia23/08/2016
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2min0
Chinese internet giant Alibaba has been discussing the acquisition of Indian online marketplace ShopClues, which is valued at more than US$1 billion. Alibaba wants to merge the marketplace of Paytm, in which it has a stake, with larger rival ShopClues, reports The Times of India. The newspaper says Alibaba has several acquisition targets as it aims […]

Retail Asia27/02/2016
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5min
Yahoo Hong Kong announced in January the official opening of the Yahoo Store, its key project for e-commerce in 2016. Within the year, the tech firm said it expects to feature 500 stores offering as many as 100,000 products. As it is today, Hong Kong’s online shoppers can already buy from a wide selection of […]

Retail Asia09/12/2015
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4min
Didi Kuaidi has appointed Yahoo co-founder Jerry Yang as a senior adviser to the ride-hailing app firm as it battles Uber Technologies for market share in China. Mr Yang, an independent director of  Alibaba Group which backs Didi Kuaidi, will also be an observer on the board, the company said in a statement yesterday. Mr […]

Retail Asia29/06/2015
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3min
Ecommerce titan Alibaba is forming a RMB 6 billion (US$970 million) three way partnership firm to concentrate on web-connected on-demand providers, resembling meals supply. The JV, referred to as Koubei, is a partnership with its affiliate firm Ant Monetary, which operates the Alipay epayments system integral to Alibaba’s eCommerce websites. Every agency will put in […]

Retail Asia27/02/2015
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3min
US internet company Yahoo will spin off its US$40 billion stake in China’s Alibaba into a separate company. Existing Yahoo shareholders will receive shares in the new venture, to be called SpinCo, and will then be free to retain the shares or liquidate them. The innovative solution is designed to minimise taxes and return more […]


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