Amazon is taking over its home turf, so it's raising cash to fight back.
Japanese e-commerce firm Rakuten Inc (OTC: RKUNF) (OTC: RKUNY) is divesting an 8.32% stake to postal and banking company Japan Post Holdings Co Ltd (OTC: JPHLF) (OTC: JPPHY), expanding a logis
Japanese eCommerce and technology giant Rakuten is hoping to notch $2.2 billion with the issuance of new shares to Walmart, Tencent and Japan Post, the company said in a press release on Friday (Marc
Japanese tech giant Rakuten is planning to raise $2.2 billion from a host of big names to help it compete with its U.S. rivals.

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SAN MATEO, Calif., Dec. 23, 2020 /PRNewswire/ -- Rakuten Medical, Inc. (Rakuten Medical) today announced that their Phase 1b/2 clinical trial, an Open-label Study Using ASP-1929 Photoimmunotherapy in
With the approval of final rule by FDIC, traditional banks are likely to face competition from Fintechs and other tech giants like Amazon (AMZN), Facebook (FB), Walmart (WMT), as they are likely to th
The Rakuten In Store Network has turned on offers in Google Pay, allowing users of the payment method to receive cash back on promotions connected to their cards for eCommerce and brick-and-mortar pur
The Arkansas-based company said it will sell 65 percent of its Seiyu grocery chain to American investment firm KKR while Japanese e-commerce giant Rakuten will acquire a 20 percent stake.
Walmart Inc (NYSE: WMT) announced it is selling a majority stake in Japan-based supermarket chain Seiyu to KKR and Rakuten for ¥172.5 billion (about $1.6 billion). These are the details.
Walmart announced today it will sell most of its shares in Seiyu, the Japanese supermarket chain it acquired 12 years ago, to KKR and Rakuten. The deal values Seiyu at about $1.6 billion and means Wal
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