View source for YesAsia

{{Infobox website
| name             = YesAsia.com, Inc.
| logo             = Logo von YesAsia.gif
| company_type     = [[Private company|Private]]
| traded_as        =
| foundation       = 1998
| founder          = Joshua K. Lau, Priscilla Chu
| dissolved        =
| location         = [[Hong Kong]], [[Japan]], [[South Korea]], United States
| locations        =
| incorporated     =
| area_served      = Worldwide
| key_people       =
| industry         = Online retail, [[B2C]]
| products         = DVDs, music, books, electronics & gadgets, video games
| services         =
| revenue          =
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| net_income       =
| total_assets     =
| total_equity     =
| owner            =
| num_employees    =
| parent           =
| divisions        =
| subsid           =
| url              = {{url|www.yesasia.com}}
| website_type     = [[E-commerce]]
| advertising      =
| registration     =
| num_users        =
| language         = [[English language|English]], [[Chinese language|Chinese]], [[Japanese language|Japanese]], [[Korean language|Korean]]
| launch_date      =
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}}
'''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 game]]s and [[video game console|consoles]], [[consumer electronics|electronics]] and [[toy]]s.<ref name=bloomberg/>
Its website includes Asian entertainment news, music and [[film review]]s, and pop charts from Hong Kong, Taiwan, Korea and Japan.<ref name=bloomberg/>
Since 2006, it has continually been listed in ''Internet Retailer's'' Top 500 e-commerce websites.<ref name=int3/>
==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.<ref name=int2>[http://www.internetretailer.com/2005/07/11/why-u-s-shoppers-are-saying-yes-to-yesasia-com Why U.S. shoppers are saying yes to YesAsia.com] ''Internet Retailer'', 11 July 2005.</ref> It has regional offices in [[Tokyo]] and [[Seoul]].<ref name=bloomberg>[https://web.archive.org/web/20091101155307/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=113831 YesAsia.com, Inc.] at ''Bloomberg BusinessWeek''</ref>
In 2001, YesAsia formed a strategic alliance with [[EMI]] to sell the latter's Asian media products in North America.<ref name=bloomberg/> It also has partnerships with [[Sony Music Entertainment]], [[Universal Music Group|Universal Music]], [[Warner Music Group|Warner Music]], and Japan-based [[Avex Group]].<ref>[http://www.yesasia.com/global/en/avex-official-collectibles.html YesAsia:Avex Official Collectibles]</ref> In the same year, it acquired Angel Pop, an online competitor that sold Korean products.<ref>[http://www.internetnews.com/bus-news/article.php/859171/YesAsiacom+Deals+With+EMI+Acquires+AngelPop.htm YesAsia.com Deals with EMI, Acquires AngelPop] ''InternetNews.com'', 2 August 2001</ref>
In 2003, it gained market share in Hong Kong faster than its internet rivals such as [[Amazon.com|Amazon]] when [[online shopping]] grew in popularity during the [[2002–2004 SARS outbreak|SARS outbreak]].<ref>[http://www.telecompaper.com/news/online-retail-sales-boom-due-to-sars-virus Online retail sales boom due to SARS virus], Telecom Paper, 6 May 2003</ref> 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.<ref name=int2/>
[[File:YesStyle logo.png|190px|thumb|left|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.<ref name="int1">{{cite web|title=YesAsia.com expanding with style  | publisher=Internet Retailer | url=http://www.internetretailer.com/internet/marketing-conference/47779-yesasiacom-expanding-style.html}}</ref> The new division achieved 800,000 visits and sales of $512,000 in its first six months.<ref>[http://www.internetretailer.com/2007/03/28/yesstyle-com-sews-up-more-than-512-000-in-sales-for-first-six-m YesStyle.com sews up more than $512,000 in sales for first six months], ''Internet Retailer'', 28 March 2007. Retrieved 2011-05-19.</ref>
It sells apparel, jewelry, accessories, bags, beauty and other fashion products, targeting men and women aged 18 to 35.<ref>Peters, K (2009). "Top 500 Guide", Internet Retailer, pg 301.</ref> 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]].<ref name="kollab2010">{{cite web|url=http://www.prlog.org/10565509-yesstyle-joins-forces-with-kollaboration-talent-show-to-promote-asian-american-entertainers.html|title=YesStyle joins forces with Kollaboration talent show to promote Asian American entertainers|work=PRLog|date=2010-03-08|access-date=2011-05-11}}</ref>
YesAsia was one of ''Internet Retailer's'' Top 50 "Best of the Web" retail sites for 2007.<ref>[http://www.internetretailer.com/2006/11/29/the-internet-retailer-best-of-the-web-top-50-retail-sites The Internet Retailer Best of the Web Top 50 Retail Sites] ''Internet Retailer'', November 29, 2006. Retrieved 2011-05-22.</ref> 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."<ref>[http://www.internetretailer.com/2006/11/29/computers-electronics?p=3 Computers/Electronics: YesAsia.com], ''Internet Retailer'', November 29, 2006. Retrieved 2011-05-22.</ref>
In 2010, YesAsia formed an official partnership with the Korean entertainment news website [[Allkpop]].<ref>[http://www.allkpop.com/2010/01/yesasiacom-and-allkpopcom-become-official-partner-sites YesAsia.com and allkpop.com become official partner sites], Allkpop, 22 January 2010.</ref>
{{As of|2011}} 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%.<ref name=int3>[http://www.internetretailer.com/top500/profiles/YesAsia-Holdings-Ltd/#YesAsia-Holdings-Ltd Top 500], ''Internet Retailer''. Retrieved 2011-05-19</ref>
In May 2022, YesStyle joined together with Geek+ to create its first Smart Warehouse in Hong Kong <ref>{{cite press release | url=https://www.prnewswire.com/news-releases/yesasia-partners-with-geek-for-its-first-smart-warehouse-at-goodman-interlink-hong-kong-301537211.html | title=YesAsia partners with Geek+ for its first Smart Warehouse at Goodman Interlink, Hong Kong }}</ref>
== References ==
{{Reflist}}
==External links==
* {{Official website|http://www.yesasia.com}}
* [http://www.yesstyle.com YesStyle.com official website]
[[Category:Online retailers of Hong Kong]]
[[Category:Retail companies established in 1998]]
[[Category:Internet properties established in 1998]]