Building and Operating the “洋桃派” Cross-Border E-Commerce Marketplace Through a Capital and Business Alliance with MNC
First written in FY2016-Q3. 2 of 4 entries say "Advanced", first in FY2016. Latest entry: FY2018.
0 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「Termination of the capital and business alliance with MOBILE NAVI BEIJING CO.,LTD」
The capital and business alliance with MNC was terminated in December 2017, ending the former partnership, which had centered on the development and operation of Youtaopai. - FY2017-Q1AdvancedAnnual report
「The Company worked to establish the foundation for expanding product supplies to the existing KJT.com, a bonded-zone cross-border e-commerce website operated by the Shanghai Municipal Government in China, and to Youtaopai, a direct-trade cross-border e-commerce website operated by MOBILE NAVI BEIJING CO.,LTD, as well as making a test entry into Taobao, one of China's leading e-commerce platforms.」
The Company expanded product supplies to Youtaopai, operated by MNC, and also began a test entry into Taobao. - FY2016AdvancedAnnual report
「Development of the Youtaopai app was delayed due to the impact of tax system changes and other factors, and it was released near the end of the fiscal year. Consequently, its impact on revenue for the fiscal year was limited, but it is expected to contribute to revenue from the following fiscal year onward.」
The Youtaopai app was released near the end of the fiscal year, and the construction of the cross-border e-commerce marketplace with MNC progressed to the implementation stage. - FY2016-Q3First statedAnnual report
「As a key strategy in its medium- to long-term plan, the Company has identified entering the cross-border e-commerce market and accumulating marketing data, and since November 2015 has been making a full-scale entry into the Chinese market. In this connection, the Company had been selecting a reliable partner as its strategic partner in China. It decided to enter into a capital and business alliance agreement with MNC to share e-commerce marketing data in China, build a new cross-border e-commerce framework and expand both companies' sales shares in the Chinese market.」
In July 2016, the Company entered into a capital and business alliance agreement with MNC. It planned to acquire 4.4 million new shares issued by MNC, giving it a 14.96% voting interest after the acquisition. The business alliance covered the development and operation of the Youtaopai website, the supply of Japanese products, system integration with participating companies, and the research and promotion of new e-commerce businesses in China.