Reported 5 months ago
Yahoo Taiwan recently announced that it will finalize its joint venture with the Uni-President Group later this year, following an investment by Uni-President in February. The joint venture will see Uni-President holding an 80% stake and obtaining operational control, with a total investment of $100 million planned to enhance the e-commerce sector in Taiwan. Both companies aim to leverage their strengths to improve the shopping platform's competitiveness and provide better services to consumers, while fulfilling Uni-President's vision of building a comprehensive retail network.
Source: YAHOO