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WITH NEW BANKING OPS, YAHOO JAPAN GOES AFTER CUSTOMER MONEY.

Publication: AsiaPulse News

Publication Date: 21-JAN-05
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COPYRIGHT 2005 Asia Pulse Pty Ltd

TOKYO, Jan 21 Asia Pulse - By launching an online banking service, Yahoo Japan Corp. (TSE:4689) will go after the money its customers spend every month at its Web portal.

Such spending is now roughly 66 billion yen (US$638.1 million), up 40 per cent in just one year.

The firm announced Thursday that it will enter the online banking business by effectively...

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