Shop Around The World With Yahoo!
Yahoo! Expands Global Commerce Offerings - Opens Doors to One-Stop Shopping in Europe and the Asia Pacific
SANTA CLARA, Calif. -- Dec. 29, 1999 --
As the global
countdown to the new millennium continues, Yahoo! is further
enabling shoppers worldwide to ring up the New Year in style.
Yahoo! Inc. (Nasdaq: YHOO) today announced that it has expanded
its Yahoo!® Shopping service to Yahoo!'s World properties
in the UK & Ireland, France, Germany, Korea, Japan, and Australia
& New Zealand, further growing its network of e-commerce
services around the world. Earlier this year, Yahoo! also broadened
its Yahoo! Auctions offerings to 16 countries and 11 languages
around the world, making Yahoo! Auctions the fastest-growing,
largest globally-branded network of localized auctions services.
"By expanding our commerce services across Yahoo!'s
World properties, we continue to bring together one of the largest
online global communities of active buyers and sellers,"
said Jeff Mallett, president and chief operating officer at Yahoo!.
"With commerce offerings such as one-stop shopping and
online auctions, Yahoo! offers consumers around the world a choice
of venues to find and buy whatever they are looking for and shop
the way they want to shop."
Enabling Global E-Commerce
According to market research firm International Data Corporation
(IDC), non-U.S. Internet commerce will account for almost half
of worldwide online spending by 2003. IDC reports by the end
of 1999, almost 60 percent of the world's online population will
reside outside the United States, and non-U.S. Internet commerce
will explode from 26 percent of worldwide e-commerce spending
in 1998 to 46 percent by 2003. (IDC, August 1999)
One-Stop Shopping Around the World
Yahoo! Shopping provides consumers worldwide with a convenient,
one-stop destination for their shopping needs. Through the shopping
services on Yahoo! UK & Ireland, Yahoo! France, Yahoo! Germany,
Yahoo! Japan, Yahoo! Korea and Yahoo! Australia & New Zealand,
individuals are able to add items to a single shopping cart;
make purchases in one easy check out; ship orders to multiple
locations; and execute secure transactions at anytime from any
Net-connected computer.
In addition, online shoppers around the world now have expanded
access to retailers. From Yahoo! Australia & New Zealand's
Folkways and Dymocks to Yahoo! Germany's Brinkmann and Quelle
to Yahoo! Japan's Nojima and Askul, online shoppers can easily
shop for and buy high-quality products to suit most any need.
Auction Your Wares - in 16 countries and 11 languages
Yahoo! has expanded its popular Yahoo! Auctions services worldwide
to become the largest globally-branded network of localized auctions
services. Yahoo! Auctions services around the world have quickly
become one of the more popular services on the Yahoo! World properties.
Yahoo! Japan Auctions, which launched on Sept. 29, 1999, recently
announced that it surpassed 100,000 items listed for auction,
making it the largest online auctions site in Japan. Bidders
and sellers in Australia & New Zealand, Brazil, Canada, Denmark,
France, Germany, Hong Kong, Italy, Japan, Korea, Mexico, Singapore,
Spain, Sweden, Taiwan and UK & Ireland now have access to
an ever-expanding world of collectibles, a global community and
a comprehensive set of tools to meet their buying and selling
needs. All global auctions services feature local auctions in
the local language.
About Yahoo!
Yahoo! Inc. (Nasdaq: YHOO) is a global Internet media company
that offers a branded network of media, commerce, and communication
services to more than 100 million users worldwide. As the first
online navigational guide to the Web, www.yahoo.com
is the leading guide in terms of traffic, advertising, household
and business user reach, and is one of the most recognized brands
associated with the Internet. The company also provides online
business services designed to enhance Yahoo!'s clients' Web services,
including audio and video streaming, store hosting and management,
and Web site tools and services. The company's global Web network
includes 21 World properties. Yahoo! has offices in Europe, the
Asia Pacific, Latin America, Canada and the United States, and
is headquartered in Santa Clara, Calif.
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