ITOCHU Corporation Invests in Taiwan’s Major Online Shopping Company, PCHOMESTORE.

One of Japan’s five major trading companies, ITOCHU Corporation pours more investment in Taiwan’s online shopping business by cooperating with PChome online Inc. and putting investment in PCHOMESTORE Inc., thus acquiring around 9.6% equity, having one seat on the board of directors thereofo, and becoming the biggest corporate shareholder only second to PChome online Inc..

In addition, ITOCHU Corporation holds the equity of FamilyMart Co, Ltd. of China and Ting Hsin International Group to pave the way for its online shopping mall platform business in China.  (2010.10)
/CCS