Proto Corporation (TSE: 4298), owner of auto vertical GooNet and motorcycle marketplace GooBike in Japan, recorded a 9.5 percent rise in its net sales to 62.1 billion yen ($561.9 million U.S.) for the fiscal year ended Mar. 31. This was thanks to robust sales in its mainstay automobile-related information business.
Japan’s Rakuten Lifull Stay Inc., which is jointly owned by Rakuten Inc. and Lifull Co. Ltd., has signed a partnership with South Korea’s online-to-offline short-term accommodation booking platform Yanolja, for its tentatively-titled rental service VacationStay.
Leading Japanese real estate site Lifull Home's (at Homes.co.jp) has partnered with Chinese real estate agency Lianjia (also known as Homelink) to attract real estate investments in Japan.
Japan’s barter app Clip shut down its service less than two years after launch without disclosing a reason.
Japan's Rakuten Lifull Stay, which is jointly owned by Rakuten (51 percent) and Lifull (49 percent), signed a cooperation agreement for its site VacationStay with Booking.com.
GPlus Media, owned by Japan’s media conglomerate Fuji Sankei Group, launched a global property site called RealEstateWorld.jp to provide information, trends and technology updates on foreign property markets to Japanese citizens. The site is presented in the Japanese language only.
Japan’s used-auto site GooNet, owned by Proto Corporation, unveiled two innovative apps to improve its presence in the aftermarket (after the auto has been acquired). Both apps are available free of cost for download for Android and Apple mobiles.
Internet giants Rakuten and Lifull are not the only firms in Japan gearing up for January 2018, when the country's new law for renting private accommodation will go into effect. Tokyo-based real estate start-up Space Market Inc. is already accepting listings from accommodation owners, but the site will only launch officially once the Private Lodgings Business Law, which legalizes time rental of private accommodation on certain conditions, is in effect.
Rakuten Lifull Stay, Inc., a joint venture owned by Japanese e-commerce leader Rakuten and Trovit owner Lifull, sis launching a monthly rental apartment service soon and is now gathering listings.
RealEstate.co.jp, the real estate site of Japan's GPlus Media with a focus on foreign tourists, has so far closed four business alliances to enhance its database of property listings, and so better meet the growing demand for accommodation from inbound travelers.