Amazon invests 14 billion yen in "@cosme" operating company, becoming the largest shareholder

istyle, which operates the cosmetics and word-of-mouth site @cosme portal site, announced on August 15 that it has entered into a capital and business alliance with Amazon.com and Mitsui & Co. In addition to opening “@cosme SHOPPING” (provisional name) on Amazon.co.jp, the company plans to provide information on cosmetics/beauty and sell cosmetics in a wide range of brands/categories.

(c) IT Media News: Amazon.comがアイスタイルと資本業務提携

Read More Here (Japanese): https://tinyurl.com/55bmajfh

Original News Source: (c) IT Media News #akonikk