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Daily Brief Private Markets: Ebay’s Qoo10 More than Doubles Users to 23 Million in 5 Years and more

In today’s briefing:

  • Ebay’s Qoo10 More than Doubles Users to 23 Million in 5 Years


Ebay’s Qoo10 More than Doubles Users to 23 Million in 5 Years

By Michael Causton

  • Qoo10 has been quietly growing its share of the Japanese e-commerce market. 
  • Despite relentless competition from the big 3, Qoo10 has managed to increase members from 10 million in 2018 to 23 million through event marketing and close attention to customer demands.
  • While cosmetics and fashion are the current focus, Qoo10 is also strengthening other categories like food, stationery and electronics.

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