Audio gear brand Bose will close all of its stores in Europe, North America, Australia and Japan. The brand decided to follow an online-only strategy after it noticed a significant change to online shopping in these regions, reports Ecommercenews. It means a total of 119 brick-and-mortar stores will close in the coming months. In regions where shopping behaviour hasn't
Japanese Marketplace app Mercari brings cross-border C2C sales to over 100 countries
Mid-November, the Japanese marketplace app Mercari began offering cross-border sales through its consumer-to-consumer (C2C) marketplace app. It did this in partnership with Buyee, a proxy service for cross-border e-commerce. Mercari is Japan’s largest C2C marketplace, with approximately 14 million monthly users, a gross merchandise value (GMV) of approximately 530.7 billion
Japan wants to go cashless
One of the most tech-savvy countries in the world, Japan, wants to go cashless. Despite its numerous technological innovations, the payment market is still very much focused on cash. Reuters reports that cash is still King in Japan, even more so for the country's fast-ageing population. The elderly are still deeply reluctant to give cash up. Prime Minister Shinzo Abe is
Yamato partners with ZigZag Global for returns in Japan
ZigZag Global, a software solution to help e-commerce retailers manage returns domestically and globally, have become the first returns management solution to partner with Japanese market leader Yamato Transport. Yamato provides collections directly from consumer’s doors all across Japan, with its reach more recently stretching across the rest of Southeast Asia and
EU and Japan create free trade zone
On February 1st, 2019, a free trade agreement between Japan and the European Union came into force, covering almost one-third of the world's economy, reports dw.com. With the agreement, almost all tariffs on trade between the EU and Japan have been removed. It can save European companies billions of euros in duties each year. With the new deal, duties are no longer to be