Marketplace research company Terapeak has announced a data licensing agreement with Yahoo! Japan.

Terapeak will add data from Yahoo! Japan's auction and ecommerce platform to its web-based market research tool.

"We are very excited about this partnership," commented Colin How, President of Terapeak. "This agreement provides a tremendous opportunity for both Yahoo! JAPAN and Terapeak, as well as the technology industry on Vancouver Island. Yahoo! JAPAN has an exceptional reputation as a leading brand and we are delighted that their merchants will be able to take advantage of the ecommerce market data products that Terapeak has built its reputation on."

Yahoo! Japan is one of the most busiest web sites in the country, with an average of 22 million items listed for sale and 238 million unique visitors in March 2011.