YesAsia (formerly AsiaCD) is an online retail company founded in 1998 that sells Asian entertainment products worldwide. After initially focusing on CD and video retailing, it has expanded into other entertainment and hobby products such as manga, video games and consoles, electronics and toys.[1]
DVDs, music, books, electronics & gadgets, video games
URL
www.yesasia.com
Its website includes Asian entertainment news, music and film reviews, and pop charts from Hong Kong, Taiwan, Korea and Japan.[1]
Since 2006, it has continually been listed in Internet Retailer's Top 500 e-commerce websites.[2]
History
YesAsia was founded in 1998 as AsiaCD by Joshua K. Lau and Priscilla Chu in San Francisco, California. The company later moved its headquarters and fulfillment center to Hong Kong to better facilitate logistics handling of the Asian entertainment products carried by the website.[3] It has regional offices in Tokyo and Seoul.[1]
In 2001, YesAsia formed a strategic alliance with EMI to sell the latter's Asian media products in North America.[1] It also has partnerships with Sony Music Entertainment, Universal Music, Warner Music, and Japan-based Avex Group.[4] In the same year, it acquired Angel Pop, an online competitor that sold Korean products.[5]
In 2003, it gained market share in Hong Kong faster than its internet rivals such as Amazon when online shopping grew in popularity during the SARS outbreak.[6] Because of its specialized niche in entertainment products, YesAsia managed to grow in the U.S. market even when other Asian online retailers crashed after the dot-com meltdown. In 2004 it had about $13 million in U.S. online sales, which was 50% higher than its sales in 2003.[3]
YesStyle, its sister website
In 2006, it expanded into Asian fashion apparel products sourced from Korea, Japan, China, Taiwan, and Hong Kong by opening fashion e-commerce retail website, YesStyle.[7] The new division achieved 800,000 visits and sales of $512,000 in its first six months.[8] It sells apparel, jewelry, accessories, bags, beauty and other fashion products, targeting men and women aged 18 to 35.[9] One year after its establishment, it added a children and babies section in its product offerings. In 2009 the first YesStyle Store was opened in Stonestown Galleria in San Francisco.[10]
YesAsia was one of Internet Retailer's Top 50 "Best of the Web" retail sites for 2007.[11] The reviewer found that YesAsia was set apart by "its ability to create a sense of Asian community not only in its catalog of products but in its look and feel."[12]
In 2010, YesAsia formed an official partnership with the Korean entertainment news website Allkpop.[13]
As of 2011[update] it is listed as number 295 in Internet Retailer's Top 500 B2C websites, with annual online sales of $34,933,000, and growth in 2010 of 26.9%.[2]
In May 2022, YesStyle joined together with Geek+ to create its first Smart Warehouse in Hong Kong [14]
^YesAsia.com Deals with EMI, Acquires AngelPop InternetNews.com, 2 August 2001
^Online retail sales boom due to SARS virus, Telecom Paper, 6 May 2003
^"YesAsia.com expanding with style". Internet Retailer.
^YesStyle.com sews up more than $512,000 in sales for first six months, Internet Retailer, 28 March 2007. Retrieved 2011-05-19.
^Peters, K (2009). "Top 500 Guide", Internet Retailer, pg 301.
^"YesStyle joins forces with Kollaboration talent show to promote Asian American entertainers". PRLog. 2010-03-08. Retrieved 2011-05-11.
^The Internet Retailer Best of the Web Top 50 Retail Sites Internet Retailer, November 29, 2006. Retrieved 2011-05-22.
^Computers/Electronics: YesAsia.com, Internet Retailer, November 29, 2006. Retrieved 2011-05-22.
^YesAsia.com and allkpop.com become official partner sites, Allkpop, 22 January 2010.
^"YesAsia partners with Geek+ for its first Smart Warehouse at Goodman Interlink, Hong Kong" (Press release).
External links
Official website
YesStyle.com official website
May 05, 2023
yesasia, formerly, asiacd, online, retail, company, founded, 1998, that, sells, asian, entertainment, products, worldwide, after, initially, focusing, video, retailing, expanded, into, other, entertainment, hobby, products, such, manga, video, games, consoles,. YesAsia formerly AsiaCD is an online retail company founded in 1998 that sells Asian entertainment products worldwide After initially focusing on CD and video retailing it has expanded into other entertainment and hobby products such as manga video games and consoles electronics and toys 1 YesAsia com Inc Type of businessPrivateType of siteE commerceAvailable inEnglish Chinese Japanese KoreanFounded1998HeadquartersHong Kong Japan South Korea United StatesArea servedWorldwideFounder s Joshua K Lau Priscilla ChuIndustryOnline retail B2CProductsDVDs music books electronics amp gadgets video gamesURLwww wbr yesasia wbr comIts website includes Asian entertainment news music and film reviews and pop charts from Hong Kong Taiwan Korea and Japan 1 Since 2006 it has continually been listed in Internet Retailer s Top 500 e commerce websites 2 History EditYesAsia was founded in 1998 as AsiaCD by Joshua K Lau and Priscilla Chu in San Francisco California The company later moved its headquarters and fulfillment center to Hong Kong to better facilitate logistics handling of the Asian entertainment products carried by the website 3 It has regional offices in Tokyo and Seoul 1 In 2001 YesAsia formed a strategic alliance with EMI to sell the latter s Asian media products in North America 1 It also has partnerships with Sony Music Entertainment Universal Music Warner Music and Japan based Avex Group 4 In the same year it acquired Angel Pop an online competitor that sold Korean products 5 In 2003 it gained market share in Hong Kong faster than its internet rivals such as Amazon when online shopping grew in popularity during the SARS outbreak 6 Because of its specialized niche in entertainment products YesAsia managed to grow in the U S market even when other Asian online retailers crashed after the dot com meltdown In 2004 it had about 13 million in U S online sales which was 50 higher than its sales in 2003 3 YesStyle its sister website In 2006 it expanded into Asian fashion apparel products sourced from Korea Japan China Taiwan and Hong Kong by opening fashion e commerce retail website YesStyle 7 The new division achieved 800 000 visits and sales of 512 000 in its first six months 8 It sells apparel jewelry accessories bags beauty and other fashion products targeting men and women aged 18 to 35 9 One year after its establishment it added a children and babies section in its product offerings In 2009 the first YesStyle Store was opened in Stonestown Galleria in San Francisco 10 YesAsia was one of Internet Retailer s Top 50 Best of the Web retail sites for 2007 11 The reviewer found that YesAsia was set apart by its ability to create a sense of Asian community not only in its catalog of products but in its look and feel 12 In 2010 YesAsia formed an official partnership with the Korean entertainment news website Allkpop 13 As of 2011 update it is listed as number 295 in Internet Retailer s Top 500 B2C websites with annual online sales of 34 933 000 and growth in 2010 of 26 9 2 In May 2022 YesStyle joined together with Geek to create its first Smart Warehouse in Hong Kong 14 References Edit a b c d YesAsia com Inc at Bloomberg BusinessWeek a b Top 500 Internet Retailer Retrieved 2011 05 19 a b Why U S shoppers are saying yes to YesAsia com Internet Retailer 11 July 2005 YesAsia Avex Official Collectibles YesAsia com Deals with EMI Acquires AngelPop InternetNews com 2 August 2001 Online retail sales boom due to SARS virus Telecom Paper 6 May 2003 YesAsia com expanding with style Internet Retailer YesStyle com sews up more than 512 000 in sales for first six months Internet Retailer 28 March 2007 Retrieved 2011 05 19 Peters K 2009 Top 500 Guide Internet Retailer pg 301 YesStyle joins forces with Kollaboration talent show to promote Asian American entertainers PRLog 2010 03 08 Retrieved 2011 05 11 The Internet Retailer Best of the Web Top 50 Retail Sites Internet Retailer November 29 2006 Retrieved 2011 05 22 Computers Electronics YesAsia com Internet Retailer November 29 2006 Retrieved 2011 05 22 YesAsia com and allkpop com become official partner sites Allkpop 22 January 2010 YesAsia partners with Geek for its first Smart Warehouse at Goodman Interlink Hong Kong Press release External links EditOfficial website YesStyle com official website Retrieved from https en wikipedia org w index php title YesAsia amp oldid 1149425224, wikipedia, wiki, book, books, library,
