Business / Corporate Sep 12, 2019
Yahoo Japan clinches deal for majority stake in Zozo
by Masumi Koizumi
The company offered ¥2,620 per share, a 21 percent premium on Zozo’s closing price, sending its shares soaring Thursday.
National / Media | Japan Pulse Jan 12, 2019
Maezawa's offer of prize money for retweets sets Twitter abuzz
by Patrick St. Michel
Yusaku Maezawa has accomplished an awful lot in his life. He has founded a number of successful companies, including online fashion retailer Zozotown. He’s worth billions of dollars. He’s secured a trip to space to address one of humanity’s biggest problems — a lack of ...
National Jan 7, 2019
Japan billionaire Yusaku Maezawa says 'free cash' tweet is the most shared Twitter post of all time
Billionaire Japanese tycoon and future space tourist Yusaku Maezawa said Monday his tweet promising a cash giveaway of nearly $10,000 was the most retweeted ever. The 43-year-old Maezawa posted a tweet on Saturday promising ¥1 million ($9,250) in cash each to 100 randomly selected followers ...
National Jan 6, 2019
¥1 million to 100 people? Zozo chief Maezawa to dole out total of ¥100 million in cash for retweets
by Jesse Johnson
In the latest headline-grabbing move by Japanese billionaire Yusaku Maezawa, the founder and CEO of major online fashion mall operator Zozo Inc. has announced a plan to dole out ¥1 million to 100 individuals to mark a successful New Year's sale. Maezawa, who is scheduled ...
Business Jan 1, 2019
The Japan Times newsroom selected the following business news stories as the most important of 2018.
More Sports / Golf Nov 20, 2018
Zozo set to host PGA Tour event in Japan
by Kaz Nagatsuka
Japan will host its first-ever PGA Tour event starting next year with one of the fastest growing online business companies in the nation as the tourney's title sponsor, organizers announced on Tuesday. The event will be called the Zozo Championship. The North American premier golf ...
Business Nov 1, 2018
Having collected 'enough' data, online retailer Zozo ditches namesake body-measuring suit
Online clothing retailer Zozo Inc. is scrapping its body-measuring Zozosuit, saying that it now has enough data to produce custom-size clothes for customers without creating 3D models. The polka-dot spandex suit will be scrapped by March, Chief Executive Officer Yusaku Maezawa said in a surprise ...
National Oct 9, 2018
Zozo chief Yusaku Maezawa eyes world peace and inspiration with SpaceX moon trip
by Magdalena Osumi
Japanese billionaire Yusaku Maezawa, who is scheduled to take a trip to the moon in 2023, said Tuesday that he wants to use the opportunity to make a name for himself around the world and promote his initiatives, while also expressing his expectation that ...
Reference | FYI Sep 20, 2018
Yusaku Maezawa: Japan's corporate enfant terrible with the world's first ticket to the moon
by Alex Martin
Call it a flashy billionaire's whimsy or a stroke of PR genius. When Tesla Inc. CEO Elon Musk hinted on Twitter last week that a Japanese person could be the first tourist to go around the moon on board Space X's Big Falcon Rocket, social ...
National / Science & Health Sep 18, 2018
Elon Musk's SpaceX names Japanese billionaire Yusaku Maezawa as first passenger for moon voyage
by Magdalena Osumi
In July, Yusaku Maezawa, the founder of Japan's major online fashion mall Zozotown, was donning chic suits designed by his firm's private brand to give big presentations about global business strategies. But while the earthly bounds of his firm's success have yet to become clear, ...
Business Jul 5, 2018
by Sam Nussey
Zozotown, which swooped in as a little-known retail website and prodded once-reluctant Japanese consumers to shop online for clothes, is now facing stiff competition in the industry whose image it remade. Arriving on the scene in 2004, the site made a killing selling clothes from ...