Japan Post and eBay to form business alliance, seek cheaper shipping rates, Nikkei Says

TOKYO (TR) – Japan Post Service and eBay are planning a joint business venture to make it easier for Japanese sellers and buyers to utilize the world’s largest online market site, Japan’s Nikkei news service said.

The new service will offer support in Japanese, the news agency reported. Currently, Japanese sellers must fill out forms in English to utilize the site, it said.

The Nikkei also says Japan Post plans to cut its international postal rates by 20-30% for products sold on eBay. Japanese postal rates are amongst the world’s most expensive.

Japan Post Service Company is a unit of Japan Post Holdings Company.

Source: Nikkei

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