October 10, 2013

Japanese customers watch as Yahoo!Japan abolishes online seller fees

Picture: Yahoo!Japan sign, Tokyo

"Masayoshi Son...on Monday (7th )October, 2013) abolished fees for online stores selling goods on the company's websites (Yahoo!Japan).The aim is to take market share presumably from Rakuten....Yahoo Japan has been losing ground to Rakuten which accounted for almost a third of online transactions in Japan last year"

Source: Yahoo!Japan abolishes fees in rich list fight
The Lex Column
Financial Times
The Australian Financial Review
Thursday 10th October 2013, page 27

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