SRTTY - ZOZO, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
4.2101
-0.4714 (-10.07%)
At close: 3:57PM EST
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Previous Close4.6815
Open4.3000
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range4.2000 - 4.4300
52 Week Range3.0000 - 4.8700
Volume3,085,664
Avg. Volume189,603
Market Cap6.35B
Beta (3Y Monthly)1.17
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.04 (0.79%)
Ex-Dividend Date2019-03-28
1y Target EstN/A
  • MarketWatch

    Yahoo Japan looks to buy Japan's Zozo for $3.7 billion: reports

    Yahoo Japan Corp. intends to buy a majority stake in Japanese online fashion retailer Zozo Inc. for about $3.7 billion, according to multiple reports Wednesday. Nikkei Asian Review reported Yahoo Japan plans to purchase 50.1% of Zozo and make it a subsidiary. Zozo founder and CEO Yusaku Maezawa has stepped down, and Reuters reported he will sell his 30% stake in the company. The move will allow Yahoo Japan to compete in e-commerce with Amazon.com Inc. and Japan-based Rakuten Inc. . Reports said the billionaire Maezawa will shift his focus to pursuing his many personal interests. In 2017 he bought a Basquiat painting for a record $110.5 million, and last year SpaceX announced he will be the first space tourist to fly to the moon.

  • Reuters

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

    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. Zozo's billionaire founder Yusaku Maezawa said he will step down as chief executive and sell most of his stake after a series of missteps which have slashed its market value by more than half from a peak last year of $14 billion. The deal offers Yahoo Japan a chance to take the lead in Japan's 1.8 trillion yen online fashion space where Amazon and Rakuten Inc have struggled to make headway, and where Zozo's mall Zozotown controls around 50% of the market for mid- to high-end fashion.

  • Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion
    Reuters

    Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion

    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. Zozo's billionaire founder Yusaku Maezawa said he will step down as chief executive and sell most of his stake after a series of missteps which have slashed its market value by more than half from a peak last year of $14 billion. The deal offers Yahoo Japan a chance to take the lead in Japan's 1.8 trillion yen online fashion space where Amazon and Rakuten Inc have struggled to make headway, and where Zozo's mall Zozotown controls around 50% of the market for mid- to high-end fashion.

  • Billionaire Jokes ‘I Have No Money’ as He Sells Art, Lends Stock
    Bloomberg

    Billionaire Jokes ‘I Have No Money’ as He Sells Art, Lends Stock

    Yusaku Maezawa, the founder and largest shareholder of the country’s online fashion shopping site Zozo Inc., said on Twitter that he’s selling more of his notable art collection to raise money. The 43-year old Maezawa earned a reputation as one of the world’s biggest spenders in recent years, pouring hundreds of millions of dollars into everything from Basquiat paintings to a Hermès-upholstered private jet and a down payment for a ride on Elon Musk’s rocket around the moon. Maezawa’s net worth is currently estimated at $1.4 billion, taking into account the pledged shares, according to the Bloomberg Billionaires Index.