[Breaking news] Yahoo is under ZOZO President Maezawa retreats from management

On the 12th, it turned out that Yahoo, a Softbank affiliate, had a policy of acquiring ZOZO, which operates a clothing shopping site "ZOZO TOWN". A TOB (tender offer) is conducted for ZOZO, aiming to become a subsidiary. ZOZO's founder, Tosaku Maezawa, president, agrees with TOB and seems to withdraw from management. Yahoo has ZOZO under its control and competes with Amazon.com and Rakuten, which are leading the way in internet shopping. * Some excerpts from the link below. Continue with the source https://www.nikkei.com/article/DGXMZO49711370S9A910C1I00000/ document.write(” + ”); Related article document.write(” + ”);