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...
24 May, 2023, 02.10 PM IST
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...
24 May, 2023, 12.20 PM IST
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...
16 May, 2023, 12.26 PM IST
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...
15 May, 2023, 11.40 AM IST
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.
25 Aug, 2022, 06.43 PM IST
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...
16 Nov, 2020, 06.34 PM IST
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 ...
23 Sep, 2020, 01.57 PM IST
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.
02 Mar, 2019, 11.20 AM IST
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.
01 Mar, 2019, 09.08 AM IST
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.
20 Feb, 2019, 06.40 PM IST
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.
13 Dec, 2018, 11.09 AM IST
Nikkei falls as Docomo sparks telecom earnings fears; Rakuten risesThe communications sector tanked 8.3 percent and was the worst performer on the board.
01 Nov, 2018, 01.24 PM IST
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...
29 Oct, 2018, 05.04 PM IST
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...
06 Apr, 2017, 08.55 AM IST
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.
10 Jun, 2016, 12.40 PM IST
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.
11 Apr, 2016, 07.00 AM IST
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
14 May, 2014, 04.40 PM IST