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Sumitomo, German firm form online, mail-order sales venture.

Publication: Japan Weekly Monitor
Publication Date: 10-DEC-01
Format: Online - approximately 149 words
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 3 Kyodo

Major trading house Sumitomo Corp. said Monday it and major German mail-order retailer Otto Versand GmbH & Co. have set up a Tokyo joint venture to help firms sell online or via mail-order catalogue.

Sumisho Hermes General Service Inc., capitalized at 250 million yen, is...

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