On November 1st, Tokyu Department Store Co., Ltd. became the first Japanese department store to open an official cross-border e-commerce shop on eBay, the world's largest online marketplace, through eBay Japan, the Japanese subsidiary of eBay Inc.
Tokyu Department Store page on eBay
Tokyu Department Store had been considering cross-border e-commerce for some time, and in light of the recent decline in inbound demand due to the COVID-19 pandemic, they launched cross-border e-commerce with the aim of increasing revenue through sales through eBay, raising awareness of Tokyu Department Store, and capturing inbound demand once the COVID-19 pandemic has subsided.
eBay operates in 190 countries around the world, mainly in North America, but also in Europe and Asia, including Australia and China, and more sales opportunities are expected due to its wide distribution channels. Additionally, cross-border e-commerce is possible thanks to the eBay scheme, which makes use of Tokyu Department Store's e-commerce sales system.
This time, we took advantage of the discerning eye and editing skills we have cultivated as a department store to offer around 150 items, including traditional crafts such as cut glass and chopsticks, as well as children's helmets, prayer beads, and incense, which are becoming increasingly popular overseas.
In the future, we will further expand our categories and the number of items we handle, focusing on interior goods such as Imabari towels and Japanese tableware, with the aim of promoting Japanese culture through the sale of high-quality products.
※An example of an item for sale ( Armor)
■Tokyu Department Store page:
https://www.ebay.com/usr/tokyu-department-store?_trksid=p2047675.l2559
[About Tokyu Department Store]
As the core of the Tokyu Group's retail business, we operate department stores, shopping malls, and small specialty stores, mainly in the Shibuya area and along Tokyu train lines. Currently, we are evolving into a unique fusion retailer that combines the know-how and skills we have cultivated as a department store with a variety of other businesses and know-how, including department store and shopping mall businesses.
Exterior of Tokyu Department Store
[About eBay Japan and eBay Inc.]
- Headquarters location: Shibuya-ku, Tokyo
- Business description: Supporting cross-border e-commerce for Japanese sellers through the online marketplace eBay
- Representative: Representative Director Okada Masayuki
- eBay Inc. (listed on NASDAQ in the US, ticker symbol: EBAY):
An e-commerce company that operates eBay, one of the world's largest online marketplaces. Founded in San Jose, California, USA in 1995, its trading volume in 2019 reached $90.2 billion (approximately ¥10.3 trillion**), with 1.4 billion items listed from around the world at any given time.
* From the 2020 Q2 report ** Calculated at an exchange rate of ¥114 to the dollar
* This initiative was launched using J-Grab Co., Ltd.'s "eBay Overseas E-Commerce Mall Store Opening Support Service."
Click here for company press release details
Tokyu Department Store page on eBayTokyu Department Store had been considering cross-border e-commerce for some time, and in light of the recent decline in inbound demand due to the COVID-19 pandemic, they launched cross-border e-commerce with the aim of increasing revenue through sales through eBay, raising awareness of Tokyu Department Store, and capturing inbound demand once the COVID-19 pandemic has subsided.
eBay operates in 190 countries around the world, mainly in North America, but also in Europe and Asia, including Australia and China, and more sales opportunities are expected due to its wide distribution channels. Additionally, cross-border e-commerce is possible thanks to the eBay scheme, which makes use of Tokyu Department Store's e-commerce sales system.
This time, we took advantage of the discerning eye and editing skills we have cultivated as a department store to offer around 150 items, including traditional crafts such as cut glass and chopsticks, as well as children's helmets, prayer beads, and incense, which are becoming increasingly popular overseas.
In the future, we will further expand our categories and the number of items we handle, focusing on interior goods such as Imabari towels and Japanese tableware, with the aim of promoting Japanese culture through the sale of high-quality products.
※An example of an item for sale (■Tokyu Department Store page:
https://www.ebay.com/usr/tokyu-department-store?_trksid=p2047675.l2559
[About Tokyu Department Store]
As the core of the Tokyu Group's retail business, we operate department stores, shopping malls, and small specialty stores, mainly in the Shibuya area and along Tokyu train lines. Currently, we are evolving into a unique fusion retailer that combines the know-how and skills we have cultivated as a department store with a variety of other businesses and know-how, including department store and shopping mall businesses.
Exterior of Tokyu Department Store[About eBay Japan and eBay Inc.]
- Headquarters location: Shibuya-ku, Tokyo
- Business description: Supporting cross-border e-commerce for Japanese sellers through the online marketplace eBay
- Representative: Representative Director Okada Masayuki
- eBay Inc. (listed on NASDAQ in the US, ticker symbol: EBAY):
An e-commerce company that operates eBay, one of the world's largest online marketplaces. Founded in San Jose, California, USA in 1995, its trading volume in 2019 reached $90.2 billion (approximately ¥10.3 trillion**), with 1.4 billion items listed from around the world at any given time.
* From the 2020 Q2 report ** Calculated at an exchange rate of ¥114 to the dollar
* This initiative was launched using J-Grab Co., Ltd.'s "eBay Overseas E-Commerce Mall Store Opening Support Service."
Click here for company press release details
The press releases featured in this article are provided by PR TIMES, Inc. and are reproduced verbatim. FASHION HEADLINE does not recommend the products or services featured, nor does it guarantee the contents of the press releases. For inquiries regarding the content of the publications, please contact PR TIMES Inc. directly (https://prtimes.jp/).
