YesAsia
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| Type of business | Private |
|---|---|
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Type of site
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E-commerce |
| Available in | English, Chinese, Japanese, Korean |
| Founded | 1998 |
| Headquarters | Hong Kong, Japan, Korea, U.S. |
| Area served | East Asia, North America |
| Founder(s) | Joshua K. Lau, Priscilla Chu |
| Industry | Online retail, B2C |
| Products | DVDs, music, books, electronics & gadgets, video games |
| Revenue | $34,933,000 (2010) |
| Website | YesAsia.com |
| Alexa rank |
 23,784 (April 2014[update]) |
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.
Its website includes Asian entertainment news, music and film reviews, and pop charts from Hong Kong, Taiwan, Korea and Japan.
Since 2006, it has continually been listed in Internet Retailer's Top 500 e-commerce websites.
YesAsia was founded in 1998 as AsiaCD by Joshua K. Lau and Priscilla Chu in San Bruno, 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. It has regional offices in Tokyo and Seoul.
In 2001, YesAsia formed a strategic alliance with EMI to sell the latter's Asian media products in North America. It also has partnerships with Sony Music Entertainment, Universal Music, Warner Music, and Japan-based Avex Group. In the same year, it acquired Angel Pop, an online competitor that sold Korean products.
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. 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.
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Wikipedia