Rakuten Ichiba Group
RAKUTEN ICHIBA, Inc. is a leading e-commerce and internet company in Japan founded in 1997 and run by Hiroshi Mikitani. ICHIBA is headquartered in Tokyo and is one of the largest internet and e-commerce companies in the world, competing directly with Amazon, eBay,
ICHIBA Company is considered a pillar in the world e-commerce industry along with Amazon, eBay, and Alibaba. Not only stopping at the Japanese market, ICHIBA also reached out to the world when it acquired muabuy.com for 250 million USD in 2010 and changed the name of buy.com to ichibamall.com shopping. In addition, ICHIBA also acquired several other commercial sites such as Priceminister, Ikeda, Play.com
In addition to e-commerce, ICHIBA also expanded its activities into other fields such as online hotel services, cryptocurrency, sports, stocks, media, etc. In 2014, ICHIBA purchased Viber instant messaging software to integrate into its ecosystem to add value to internet services.
Website ichibamall.com
ICHIBA's e-commerce system initially operated only as an online retail chain for retailers to help them reach users on the Internet at a low cost. With this business model, ICHIBA does not hold any goods, retailers use the ICHIBA website to sell products on their behalf and pay a low cost of about 2.6% of order revenue. When a customer places an order on ICHIBA, the order will be sent to the retailer. This model of ICHIBA helps simplify trading between sellers and buyers. Since its inception, it has attracted tens of millions of visitors every day from Japanese people to people around the world. ICHIBA's sales increased from 1.2 million USD to 26 million USD in 2000 while profits increased to nearly 1 million USD.
What does ICHIBA Mall sell?
Sells a wide variety of consumer products from electronics to toys and home appliances, movies to apparel, and skin care products. The site also has a loyalty program to inspire returning customers, and they have daily promotions that help consumers save money on the products they love.
You can join ICHIBA Mall in the following three ways: becoming a seller, becoming a buyer, or participating in affiliate programs. Each program offers many distinct and unique advantages for sellers.