Under the terms of the Skyscanner (51 percent) and Yahoo Japan (49 percent) joint venture, the two companies say they will operate the site independently from their own operations and will share board duties. Skyscanner currently runs Skyscanner.jp from Singapore, and the joint venture is now looking for a CEO and a location for a Tokyo office. The new flight search site hopes to leverage Yahoo Japan's user base of 80 million daily unique visitors. U.S.-headquartered Yahoo Inc. is an investor in Yahoo Japan.