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August 15, 2024
 

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E COMMERCE

Chinese fast-fashion upstart Shein has excelled with its offering of $9 hoodies and other bargain-basement apparel.
BUSINESS / Companies
Dec 7, 2023
Amazon targets Shein with fee cuts for cheap apparel sellers
Rare move by U.S. e-commerce giant shows its intent of muscling into Chinese fast-fashion upstart's territory.
In recent years, Jack Ma has largely stayed out of public view after clashing with the Chinese government.
BUSINESS / Companies
Nov 30, 2023
Jack Ma returns to rally troops after Alibaba’s troubles deepen
"Every great company is born in a winter"
A JD.com advertisement in Beijing promoting the Singles Day shopping festival
BUSINESS
Nov 10, 2023
China’s Singles Day downbeat amid slumping consumer confidence
Shoppers are increasingly seeking value, looking for cheaper brands amid an overall mood of restraint.
Hiroshi Mikitani, chairman and CEO of Rakuten Group, speaks during a news conference in Tokyo in May.
BUSINESS / Companies
Oct 17, 2023
Rakuten rally from record lows clouded by looming bond deadlines
The most pressing task now for Rakuten is to raise funds for a wall of more than $5 billion of bonds due in the next two years.
Kiva robots move inventory at an Amazon fulfilment center in Tracy, California.
BUSINESS / Companies
Oct 13, 2023
Amazon strategy could unlock $100 billion in revenue
Supply Chain by Amazon is the latest part of its drive to become a leading logistics company.
Prime Minister Fumio Kishida (front left) inspects a shipping company in Tokyo's Ota Ward in September.
JAPAN
Oct 6, 2023
Japan to give shopping points to promote outside door delivery
The project is the centerpiece of the government's emergency policy package to address a looming shortage of truck drivers due to tighter overtime caps.
With the aim of bolstering its customer base, SBI Holdings introduced a commission-free service starting Saturday amid growing interest in investing thanks to government efforts to persuade people to shift household assets from cash and savings to investments.
BUSINESS / Markets
Oct 2, 2023
Zero-commission services intensify brokerage competition in Japan
SBI Holding's decision to scrap commission fees for domestic stock trading threatens to undercut the brokerage industry's profitability.
TikTok can advertise to more than 100 million users in Indonesia, but they now need to go on a different app or site to buy.
BUSINESS / Companies
Sep 28, 2023
TikTok’s e-commerce ambitions stall as global backlash grows
Complaints about how TikTok is squeezing local players has stalled the Chinese-owned social media platform's e-commerce ambitions
Lina Khan, chair of the U.S. Federal Trade Commission (FTC), speaks during an interview in Washington on Tuesday. The FTC has sued Amazon.com, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.
BUSINESS / Companies
Sep 27, 2023
U.S. trade watchdog sues Amazon.com in landmark antitrust case
The U.S. Federal Trade Commission and 17 states accuse the e-commerce giant of excluding rivals in online marketplace services and stifling competition.
Packages to be delivered on Amazon Prime Day in New York in 2022
BUSINESS / Companies
Sep 27, 2023
Why Amazon’s online marketplace drew FTC scrutiny
The FTC’s case against Amazon is an important test of whether Lina Khan’s interpretation of the law will hold up in court.
Robots carry items around Amazon Japan's logistics base in Chiba.
BUSINESS / Tech
Sep 17, 2023
Logistics robots coming into wider use in Japan
Companies are looking to logistics robots in response to the popularity of e-commerce, as well as present and potential labor shortages.
A Shein office in Singapore. The meteoric rise of shopping platforms selling Chinese-made goods has been fueled by a decades-old loophole that allows cheap products to land in U.S. mailboxes tariff-free.
BUSINESS
Aug 4, 2023
Key trade loophole keeps cheap Chinese products flowing to U.S.
The fact that Chinese goods and China-founded companies are benefiting from the loophole has frustrated some U.S. lawmakers.
TikTok is in a race to dominate e-commerce in Southeast Asia.
BUSINESS
Jul 24, 2023
TikTok steps up Southeast Asia presence amid e-commerce push
As the company intermingles social media and e-commerce, it is betting that this vision of shopping will knock aside rivals in the region.
Japan Times
BUSINESS / Companies
Jul 7, 2023
Rakuten’s ¥1.8 trillion debt fuels concern despite funding
The e-commerce giant has racked up four years of losses as its mobile-phone business drains cash.
Japan Times
BUSINESS
Jul 4, 2023
Rakuten applies to list brokerage arm as debt concerns mount
Billionaire Hiroshi Mikitani’s online retailer has seen its shares tumble to a 14-year low.
Japan Times
BUSINESS
May 3, 2023
Shein, e-commerce retailer hit by criticism, tries charm offensive
With an initial public offering expected at some point, the company is looking to change its public perception. Not everyone is buying it.
Japan Times
BUSINESS
Apr 14, 2023
Rakuten Bank prices shares at ¥1,400 in IPO, top of the range
Even with a lower than originally expected price, the listing is the largest in Japan since the $20 billion-plus IPO of SoftBank in December 2018.
Japan Times
BUSINESS
Mar 31, 2023
Japan's logisticians brace for expected driver shortages
The logistics world is worried about holdups in operations, while new restrictions on overtime may deliver a further blow to an industry already short on truck drivers.
Japan Times
BUSINESS
Mar 6, 2023
Shein’s throne challenged by shopping platform Temu
Temu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years, sources have said.
Japan Times
BUSINESS / Companies
Feb 15, 2023
Rakuten Group logs ¥372 billion record loss as it builds mobile base stations
The cybermall and mobile phone group incurred a net loss for the fourth straight year.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

SUSTAINABLE JAPAN

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mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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