Skyscanner Makes A Play for Japan With Yahoo Japan Joint Venture
Skift Take
Travel companies commonly face the question of how to expand beyond their home markets. In China, Scotland-based Skyscanner went the acquisition route in 2014, acquiring fellow metasearch site Youbibi. In Japan, Skyscanner hopes a joint venture with Yahoo Japan will be the answer.
Looking to expand in Japan, the world's third largest travel market, flight-search engine Skyscanner and Yahoo Japan announced a joint venture, and they plan on contributing a relatively meager $2.5 million to kick things off.
Under the terms of the Skyscanner (51 percent) and Yahoo Japan (49