Rakuten Inc, Japans largest e-commerce company, has been actively considering launching a service like website Airbnb that would provide a hub to rent apartments and homes in Japan to short-term guests, two people with knowledge of the developing plans told Reuters. Rakuten has commissioned a detailed study in Japan of whether it could launch a […]
Japanese e-commerce firm Rakuten Inc said on Tuesday it would buy U.S. Rakuten expects the transaction to close next month, the company said in a statement. CEO Hiroshi Mikitani has led Rakuten on a buying spree to reduce the firms reliance on the domestic market. High-profile acquisitions in recent years have included free messaging application […]
By Teppei Kasai TOKYO (Reuters) – Shares in Rakuten Inc fell to their lowest in over two months on Monday as investors questioned the ability of Japans biggest e-commerce firm to digest another acquisition after the company said it was considering buying a U.S. In a statement on Saturday, Rakuten said it was in talks […]
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