Cyber Agent, Mitsui & Co. Establish Online Apparel Joint Venture.Tokyo, Japan, Sept 14, 2005 - (JCNN JCNN Japan Corporate News Network ) - Cyber Agent and Mitsui & Co. will establish online apparel business joint venture Loox on September 16 in their efforts to expand their Internet businesses. Cyber Agent, Mitsui and CA Mobile, Cyber Agent's subsidiary, will invest a total of 150 million yen ($1.4 mil An Internet address domain name for a military agency. See Internet address. (networking) mil - The top-level domain for entities affiliated with US armed forces. ) in the new company. Their stakes will be 50%, 40% and 10%, respectively. Mitsui will import overseas designer brand products and promote them on Venus LX, its online e-commerce site targeting female customers. Cyber Agent will transfer the operation of its mobile e-commerce site Girls Gate to Loox to achieve synergistic effects Synergistic effect A violation of value-additivity in that the value of a combination is greater than the sum of the individual values. with Venus LX. Source: JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) http://www.japancorp.net Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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