Fashion first in line with Yahoo Japan's other billion dollar deal

Closing of Softbank-backed $3.6 billion Zozo merger has other pros and cons

20191113 Yahoo Zozo main photo

From left, Yahoo Japan CEO Kentaro Kawabe, Zozo's new CEO Kotaro Sawada, and Zozo founder Yusaku Maezawa at a Tokyo news conference in September. (Photo by Ken Kobayashi)

AKANE OKUTSU, Nikkei Staff Writer

TOKYO -- Two weeks ago, SoftBank CEO Masayoshi Son unveiled a group loss of $6.4 billion, pledged to be more careful but also promised "no change in policy" when it came to deal-making.

On Thursday, Son showed he was good to his word. 

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