Edition:
India

Askul Corp (2678.T)

2678.T on Tokyo Stock Exchange

2,953JPY
11:30am IST
Change (% chg)

¥7 (+0.24%)
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¥2,946
Open
¥2,959
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¥3,015
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¥2,952
Volume
196,000
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373,171
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¥3,220
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Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion

TOKYO Yahoo Japan Corp said it will take over Japan's biggest online fashion retailer Zozo Inc for 400 billion yen ($3.7 billion), seeking to breathe fresh life into the business and compete better against the likes of Amazon.com.

UPDATE 7-Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 bln

* Zozo founder Maezawa to sell most of stake, step down as CEO

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