Victoria, BC (PRWEB) July 14, 2011
Terapeak is pleased to announce a strategic partnership with search engine and auction giant Yahoo! JAPAN.
Terapeak is forging a strategic alliance with Yahoo! JAPAN, signing the first-ever data licensing agreement with the largest ecommerce marketplace and search engine in Japan. Already a leading provider of ecommerce data to worldwide merchants through its agreements with eBay and PayPal, Terapeak will now also make data available from Yahoo! JAPAN’s extremely successful auction and ecommerce platform. This agreement will enable Terapeak to include analysis of historical transaction and auction data from the Yahoo! JAPAN auction site to a far wider set of merchants. In March 2011 alone, an average of 21.74 million items was listed for sale on Yahoo! Auctions and Yahoo! JAPAN boasted 238.33 million unique browsers, demonstrating Yahoo! JAPAN’s clout as one of the most trafficked Internet destinations in Japan.
Leveraging its rich analytics capabilities, Terapeak will enhance its first-ever Software-as-a-Service (SaaS) market and pricing research tool for merchants using the Yahoo! Auctions platform. Building on its Victoria-based operations, Terapeak will continue to create new jobs within Victoria’s high-tech industry while continuing to provide global solutions.
“We are very excited about this partnership,” commented Colin How, President of Terapeak. “This agreement provides a tremendous opportunity for both Yahoo! JAPAN and Terapeak, as well as the technology industry on Vancouver Island. Yahoo! JAPAN has an exceptional reputation as a leading brand and we are delighted that their merchants will be able to take advantage of the ecommerce market data products that Terapeak has built its reputation on.”
“Yahoo! JAPAN is happy to announce this business relationship with Terapeak”, added Koichi Imamura, Senior Vice President for Ecommerce Planning Division of Yahoo! JAPAN. “Both Yahoo! JAPAN and Terapeak are dedicated to providing a quality user experience and we believe that this alliance will result in a winning integration of market data, leading to opportunities for our merchants.”
Terapeak is a leader in providing ecommerce market research and payment analytics to merchants, building a business that started as the sole authorized re-licensor of eBay data globally. The company provides real-time market insights to ecommerce merchants around the world. Currently aggregating over 20% of all online commerce sales data, Terapeak helps merchants make faster and more profitable business decisions based on market trends, pricing, and transaction data. Terapeak is the customer-facing brand of Advanced Ecommerce Research Systems, Inc., based in Victoria, BC.
About Yahoo! JAPAN
Yahoo! JAPAN Corporation is a leading Internet brand and one of the most trafficked Internet destinations in Japan. Yahoo! JAPAN seeks to provide online products and services essential to users' lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users in Japan. Yahoo! JAPAN is headquartered in Tokyo, Japan.
Press Contact for Terapeak
Tim Dubroy, Director of Marketing and Communications
2307-4464 Markham Street, Victoria, BC, CANADA V8Z 7X8
+1 250 216 9020