Naver (CEO Han Seong-suk) announced on the 1st that Line and Yahoo Japan, key companies of Z Holdings (ZHD), will introduce Naver’s online startup tool, Smart Store, to Japanese e-commerce services in the first half of the year.
On this day, Line and Z Holdings announced that the management integration was completed, and the new Z Holdings’ commerce business plan was revealed through a business strategy presentation.
With the rapid growth of the Japanese e-commerce market, it plans to provide a total e-commerce solution through a smart store so that Japanese sellers can reduce the labor of building and managing online shopping malls, and focus only on product development and business growth.
As a result, Naver has an opportunity to present an excellent commerce technology platform with convenient tools, data, and technology-based solutions to hundreds of millions of Japanese users owned by ZHD Group.
Naver Smart Store is a free online store building platform that was introduced for domestic online and offline SMEs (Small and Medium-sized Enterprises) in 2018. Has been leading the easy start-up of business operators.
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Through this, Naver Smart Store Platform improves the online business environment of Japanese SMEs as a key tool for the commerce business of Line and Yahoo Japan through alliances and cooperation with ZHD and Line, their respective parent companies, Softbank and Naver. In addition, it is expected to provide a new messenger commerce experience to users.
Naver CEO Han Seong-suk said, “We look forward to creating a new trend in the Japanese e-commerce market by respecting the cutting-edge technology and diversity of sellers in smart stores.”