Naver aims No. 1 in e-commerce, search engine markets in Japan with SoftBank – Pulse by Maeil Business News Korea – Pulse News
South Korean internet giant Naver Corp. aims to become No. 1 search engine and e-commerce platform in Japan in the next few years through enhanced partnership with Japan’s multinational conglomerate SoftBank Group Corp.
Naver has set a target to win 50 percent in the Japanese search engine market by 2025 and e-commerce market by 2027, according to industry sources on Sunday, adding that its strategic partner SoftBank will back the Korean internet giant’s bold plan.
Naver and SoftBank have already been testing “smart store,” Naver’s successful e-commerce platform in Korea, in Japan by launching its beta version for Japanese market last month for its official launch planned early next year. The two partners have seen a new opportunity in the e-commerce market that has grown rapidly in Japan since the pandemic.
Naver also plans to expand its presence in business-to-consumer and business-to-business sectors in Japan where 95 percent of publicly trading firms with 100 billion yen ($885…
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source: https://news.oneseocompany.com/2021/12/05/naver-aims-no-1-in-e-commerce-search-engine-markets-in-japan-with-softbank-pulse-by-maeil-business-news-korea-pulse-news-2_2021120510230.html
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