Yahoo Japan says it aims to buy Zozo for $3.7 billion

Yahoo Japan Corp said on Thursday it aims to buy 50.1% online fashion retailer Zozo Inc for about 400 billion yen ($3.70 billion), as it looks to better compete in e-commerce against rivals such as Amazon.com Inc and Rakuten Inc.

from Reuters: Technology News https://ift.tt/2NWI0Hj