Like everywhere else, the Japanese market is full of Groupon clones. Market share-wise, the “original” Groupon (Groupon Japan) is leading after it acquired one of its local clones earlier this year. It’s followed by Piku, the first Groupon-like service in this country. But Japanese venture capital companies still see room for even more coupon services.… Continue reading JAFCO Invests $6 Million In Japanese Groupon Clone Luxa
Day: November 22, 2010
Japan’s Itochu Invests In Hong Kong And Taiwanese E-Commerce Sites
Major Japanese trading (and Fortune 500) company Itochu is making a foray into the Asian e-commerce space. According to The Nikkei, Itochu made two investments recently, having bought into Hong Kong-based online shopping company Fortune Link (website is currently down) and Taiwan-based PChome. About 10% of each of these sites have been acquired by Itochu,… Continue reading Japan’s Itochu Invests In Hong Kong And Taiwanese E-Commerce Sites