RealTime IT News Expands Into Asia

Merchandising, sales, and services operation said it will replicate its flagship e-commerce site for the Japanese market via a services and licensing agreement with Styleclick-JP Inc., an Internet service provider in Japan. said it will assist Styleclick-JP in building and managing the new site, receiving up-front development fees valued at approximately $1.4 million. Inc. also will receive ongoing revenues via an unspecified percentage of at the new Web site.

"Styleclick-JP is able to provide us with important local expertise to enable effective e-commerce services internationally," said Maurizio Vecchione,'s president and co-chief executive officer. "Japan is the ideal market for us to begin global expansion."

The new Japanese site is expected to launch in March. provides retailers and manufacturers with comprehensive e-commerce services and offers consumers an enhanced online shopping experience. and USA Networks recently announced their intent to form a new company by merging and USA's Internet Shopping Network.

The new company, Styleclick Inc., is expected to launch as an Internet-based merchandising, sales and services organization providing retail opportunities to consumers and third-party retail services to businesses.