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Rakuten Ichiba includes over 13,941 registered businesses and receives an average of over 25 million page views per day, year round. Given the vast amount of traffic and data their network handles, Rakuten required a powerful search platform that would offer Rakuten Ichiba shoppers the most relevant results to their product searches.
Masahiro Inoue of Yahoo Japan presented on Wednesday the financial results and at that occasion he said they
may acquire new businesses such as online shopping sites.
"I want our other businesses, such as shopping services and message board services, to be No.1," said Inoue, the president. "To meet the goal, I will take any measures," including mergers and acquisitions, he said.Source: Yahoo Japan gains from Web auction boom [iht.com]
Tokyo-based Rakuten, with sales of JPY 9.89 billion in the year that ended March 2003, is the biggest Japan-based online retailer.
Auction Business Division
Monthly Page Views for Auction Business Division -- 5,334 million PVs
Number of Auction Unique Users -- 14.21 million browsers
Number of Total Listed Items -- 4.46 million items
Average Closing Price -- 6,290 yen
Transaction Rate -- 30-51%
Number of Stores -- 2,022 stores
Monthly Volume of Auction Transacted on the Site -- Approx. 46.2 billion yen
Shopping Business Division
Monthly Page Views for Shopping Business Division -- 348 million PVs
Number of Stores -- 1,202 stores
Number of Select Stores -- 265 stores
Monthly Volume of Shopping Transacted on the Site -- Approx. 5.7 billion yen
Thanks for those really great stats.
I read somewhere yesterday that Yahoo Japan anounced $63 million (approx) profit for the last quarter.
Not bad at all!
Whilst Rakuten have a nicer office, I certainly think Yahoo have a nicer share of the market as a whole.
It'll be interesting too see how things pan out between these two.
The company [Yahoo! Japan] runs Japan's largest online auction service with 3.57 million users and its online advertising business has enjoyed strong demand among corporate clients.Source: Yahoo Japan Posts 87 Pct Jump in Profit [asia.news.yahoo.com]