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SoftBank, Yahoo Japan, Aeon plan to launch online retail business: NHK
TOKYO (Reuters) - SoftBank Group Corp, Yahoo Japan Corp> and Aeon Co Ltd plan to launch an online retail business, NHK reported on Friday.
The online business will sell products including food, clothes and everyday goods, NHK said citing unnamed sources, in what would be the latest tie-up between companies in Japan looking to bolster their online offerings as they eye encroachment by Amazon.
Reporting by Sam NusseyEditing by Edwina Gibbs
Our Standards:The Thomson Reuters Trust Principles.
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