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Yahoo Japan, PayPay merge malls against Amazon, Rakuten

Jul 06 (Nikkei) - Z Holdings will merge Yahoo Japan's online shopping platform with its subsidiary's e-commerce service to step up competition with rivals Rakuten and Amazon, Nikkei has learned.

Yahoo! Shopping will take over PayPay Mall services in October to facilitate the speedier trade and delivery of a predicted 400 million items.

PayPay Mall was launched in 2019 with sellers trading electronics, cosmetics, apparel and luxury brands among other items. The merger will broaden the Yahoo! Shopping range and increase its appeal.

Tie-ups between Yahoo! Shopping and messaging app Line, a subsidiary of Z Holdings, will also be strengthened. Yahoo! will provide official Line accounts to businesses that open stores on the platform, boosting product awareness and customer access.

Yahoo has 86 million users, PayPay 47 million and Line 92 million. The three services have hitherto been poorly connected.

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Zao’s iconic snow monsters, the frost-covered trees known as 'juhyo,' face an existential threat. These towering, snow-laden trees have long been a winter highlight in the region, famously resembling monstrous figures covered in snow. However, their survival is now under severe threat.

EF Education First, a global education organization, published this year’s English Proficiency Index on Wednesday, ranking nations worldwide. Japan’s ranking stood at 92nd among 116 countries and regions, continuing a 14-year trend of record lows.

Ginzan Hot Springs in Yamagata, known for its Taisho-era charm, is now at peak season for autumn foliage. While this secluded onsen town is a well-known destination in the Tohoku region, an influx of foreign tourists has led local officials to implement restrictions on day visitors starting next month.

Japan's Ministry of Health, Labour and Welfare has announced plans to allow the sale of over-the-counter drugs at convenience stores without on-site pharmacists.

Japan's Ministry of Health, Labour and Welfare's advisory panel has outlined a proposal for amending the law to prohibit working more than 14 consecutive days. Under the current system, workers can technically work up to 48 days in a row through a system known as 'four-day-off-per-four-weeks,' while labor agreements also allow for holiday work, meaning there are no effective restrictions on consecutive workdays.

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Rakuten Group reported an operating profit of 500 million yen for the quarter from July to September, marking a sharp turnaround from last year’s 54.4 billion yen loss and achieving its first quarterly profit in nearly four years.

Seven & i Holdings says it has received a buyout proposal from a company linked to the founder of its Ito-Yokado supermarket chain. (NHK)

Japan's Ministry of Health, Labour and Welfare has announced plans to allow the sale of over-the-counter drugs at convenience stores without on-site pharmacists.

Japan's Fair Trade Commission has issued a recommendation to publishing giant KADOKAWA and its subsidiary, citing violations of the Subcontract Act over 'unjust price cutting' practices involving compensation paid to freelance writers and photographers.

Japan's Ministry of Health, Labour and Welfare's advisory panel has outlined a proposal for amending the law to prohibit working more than 14 consecutive days. Under the current system, workers can technically work up to 48 days in a row through a system known as 'four-day-off-per-four-weeks,' while labor agreements also allow for holiday work, meaning there are no effective restrictions on consecutive workdays.

Renowned guitar brand Fender has partnered with the beloved character Hello Kitty in a new collaboration.

The number of corporate bankruptcies across Japan in October surpassed 900 cases, reaching a level not seen in 11 years.

Major izakaya chain operator Watami has acquired Subway Japan in a large-scale acquisition it views as a 'second founding,' aiming to establish a foothold in the fast-food market.