Qoo10 Japan to Launch ¥10 Billion Fashion Mall Rival to Zozo
Equity Bottom-Up148 Views, 20 Jan 2022 00:04
EXECUTIVE SUMMARY
- Qoo10 has become one of the most popular Japanese malls among young women for all things Korean, particularly cosmetics and fashion.
- The online mall now wants to exploit this by creating a new dedicated fashion mall with better promotional opportunities for merchants of all nationalities.
- This should bring more competition to ZOZO Inc (3092 JP) and Rakuten Inc (4755 JP).