Past Press Releases：2005
Valuecommerce announce TOB finalization with Yahoo! Japan
— Leveraging business synergies with a strategic capital tie-up —
TOKYO -- April 12th, 2005 -
Valuecommerce Co., Ltd., Japan's leading affiliate marketing company, today announced the finalization of the Tender Offer Bid (TOB) for the purpose of a strategic capital alliance with Yahoo! Japan, as announced on the 28th of February. With the closure of the TOB, Yahoo! Japan has acquired a total of 41,971 shares (49.71%) at a cost of Y 10,936 million. Both companies will form a close co-operative working relationship.
Upon this capital tie-up, the expected increase of internet user traffic
from Yahoo! Japan and the addition of products from its auction and shopping
services, ValueCommerce plan to grow profitability for both E-commerce/ Advertisers
and media partners who participate in the affiliate marketing network. By
providing the Affiliate Marketing business to Yahoo!, ValueCommerce also
expects to be able to contribute to increased satisfaction and performance
of Yahoo! Japan customers. As the first step in this business alliance, ValueCommerce
plans to introduce the ValueCommerce Affiliate Program to Yahoo! Shopping
services. ValueCommerce is also expecting to create new services and generate
new business opportunities by leveraging synergies with other Yahoo! Japan
business divisions.
Brian Nelson, CEO of ValueCommerce, says that "the Yahoo! Japan deal
is an exciting step forward for ValueCommerce and the business alliance
offers significant opportunities to grow revenue and profit for both
parties." There will be no change in ValueCommerce Management, business
vision or the current business operations after this capital tie-up.
【ValueCommerce】 http://www.valuecommerce.com/
ValueCommerce Co., Ltd. (Bunkyo-ku, Tokyo. Founded: March 12th, 1996.
President & CEO: Brian Nelson), is providing services for companies
conducting business online in the 3 main areas: affiliate marketing,
directory and search, and hosting / infrastructure. The ValueCommerce Affiliate
Marketing platform is Japan's largest online marketing and advertising
network, delivering over 330 million advertisements per day and reaches
up to 50% of the Japanese Internet population.
【Yahoo! JAPAN】 http://www.yahoo.co.jp/
Yahoo! JAPAN, run by Yahoo Japan Corporation (Market: 1st section
of TSE. Stock code: 4689. Minato-ku, Tokyo Founded: Jan. 31st, 1996 CEO:
Masahiro Inoue), is a internet portal with approximately 38.79 million
unique users* per month and 1,030 million page views per day, providing
services in the areas of search, online contents/communities, e-commerce
and mobiles. Yahoo's global internet network provides services in 25
countries and regions including the US, South American countries, Canada,
Europe and Asian countries.
* Based on the information published in Nielsen//NetRatings "NetView
AMS JP" stating home audience rate as 84.1% and office audience rate
as 89.1%, number of internet users from home or office was calculated to
be approximately 45,960,000 (NetRatings Japan "Basic Research in Internet
")