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RAKUTEN INC.
SpaceX raises $2.2 billion in Japan slice of record-breaking IPOSpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering....- SMFG and SBI join hands to target Japan’s growing affluent class with $69 billion planSumitomo Mitsui Financial Group and SBI Holdings are partnering to offer wealth management services to affluent Japanese customers, targeti...
- SBI Holdings and SMFG set sights on $69 bn treasure in Japan’s digital wealth boomSumitomo Mitsui Financial Group and SBI Holdings are collaborating. They will launch a wealth management service in Japan. The target is af...
- Japanese ecommerce firm Rakuten set to raise $2.18 billion through share issueJapanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by issuing new shares, it...
- Japan's Nikkei drops on profit-booking, US debt impasseJapan's Nikkei share index fell for a second day due to risks stemming from the US debt ceiling and profit-taking after recent gains, as no...
- Embattled Japanese fintech firm Rakuten announces $2.5 billion share issue to bolster financesJapanese e-commerce and fintech firm Rakuten Group Inc said on Tuesday it aimed to raise up to 332 billion yen ($2.46 billion) by issuing n...
- Japan's Rakuten plans to raise around $2.2 billion via new share issue: reportThe public offering is expected to raise roughly 300 billion yen ($2.2 billion) but the amount could change depending on Rakuten's share pr...
- Japanese etailer Rakuten opens group’s largest overseas office in BengaluruLocated at Cubbon Park, Rakuten - Crimson House Bengaluru is a 20-storeyed building with a capacity for housing over 3,000 employees.
- Walmart expects $2 bln non-cash loss from stake sale in Japan's SeiyuThe retailer also said it does not expect a significant impact to earnings per share following the close of the sale to investment firm KKR...
- Tech Mahindra to be preferred partner for Japan's Rakuten Communications PlatformThrough the agreement, Tech Mahindra will also provide managed IT, security and network services to Rakuten Mobile in Japan, and there are ...
- Here are the big winners hitching a ride on Lyft's IPO planLyft’s filing revealed some startling numbers for the startup. The company lost $991 million last year even as its revenues surged.
- Uber is said to hold advanced talks to buy Mideast’s CareemCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
- Tech Mahindra and Rakuten set up 5G Lab in TokyoThe 'Rakuten Cloud Innovation Laboratory' is a fully automated testing facility that aims to foster innovation across mobile network.
- Big winners of Uber, Lyft IPOs won’t be the usual suspectsThe filings submitted by Uber and Lyft aren’t yet public, but people familiar with each business outlined the largest shareholders.
- Nikkei falls as Docomo sparks telecom earnings fears; Rakuten risesThe communications sector tanked 8.3 percent and was the worst performer on the board.
- Tech Mahindra, Rakuten partner for building 5G, 4G labs in India, JapanTech Mahindra and Japanese telecom firm Rakuten Mobile Network on Monday said they have entered into an agreement to set up 5G and 4G netwo...
- Rakuten India appoints Sunil Gopinath CEOSunil Gopinath joined Rakuten India in 2016 as Senior Vice President of Products and Technology and has led efforts to establish the produc...
- Infibeam's Sachin Dalal to head Rakuten in IndiaSachin Dalal, cofounder of BSE-listed ecommerce firm Infibeam, will spearhead Japanese ecommerce giant Rakuten’s thrust into Indian shores.
- Japan's Rakuten opens office in Bengaluru; poaches mid-level managers from Flipkart, AmazonPromising as the Indian ecommerce market seems, it would be challenging for Rakuten or any other newcomer to establish itself in the space.
- Yahoo Inc buys mobile messaging app BlinkMobile messaging apps have drawn attention in the last year as they seek to capitalize on the appeal of their free services
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