Rakuten CEO Mikitani today explained why his company’s American subsidiary Buy.com has acquired DecisionStep, the company behind ShopTogether, a social shopping tool None of this information is available in English anywhere, so here we go: At a press conference in Tokyo, Mikitani said that...
Chart: Monthly Revenue Of Groupon-Like Sites In Japan
Japanese Groupon clone Luxa has today issued a report that sheds a light on the combined revenue Groupon and its 190 clones generate in Japan. Luxa began tracking data in April 2010 (when Piku, Japan’s first Groupon clone, launched). According to this data, sales grew steadily after April...
Rakuten Launches Disney Store On Rakuten Ichiba
Rakuten announced they inked a deal with Disney Japan to set up a special online shop on Rakuten Ichiba. The so-called Disney Store will offer Disney-related goods to the site’s 70 million members. For Disney, Japan is one of the world’s biggest markets. The company operates 47 brick...
Interesting Article On Groupon Japan
Here’s an interesting article on how Groupon is doing in Japan and how it competes with its rivals (Pike, Ponpare etc.). The company makes $12 million in revenue in Japan per month, which is about two times of what it’s biggest rival generates. I reported a few days ago that Groupon...
Tabelog vs. Gourmet Navigator: Who Will Win In Japan?
Kakaku isn’t only a price comparison engine: the eponymous company behind the service also offers Tabelog, a restaurant site that’s competing with Gourmet Navigator (listed, 2440). What many people don’t know is that Tabelog used to be just a forum for people to discuss...
Kakaku: Some Background You Probably Didn’t Know About
It’s safe to call Japan’s biggest price comparison engine, Kakaku.com, an iconic web brand in this country. The company made $31 million in net profit in fiscal 2009 – that’s 11 times what it was generating when it went public in October 2003. What’s interesting is...