Rakuten Group aims to integrate bank, fintech unitsThe finances of the parent, centred on ecommerce platform Rakuten Ichiba, have suffered since its 2020 launch of a mobile carrier that led ...
01 Apr, 2024, 10.13 AM IST
Japanese ecommerce major Rakuten issues $1.8 billion of dollar-denominated 3-year senior notesThe fundraising will allow Rakuten to fully buy back its 10.25% senior notes and 3.546% senior notes due in 2024, which have a combined pri...
31 Jan, 2024, 09.47 AM IST
Rakuten Group signs pact with OpenAI to develop servicesRakuten said on Wednesday the companies will collaborate on the use of OpenAI apps in Rakuten's products and services.
02 Aug, 2023, 04.01 PM IST
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
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
E-commerce giant Rakuten opens its biggest office in India, Bengaluru base flaunts eco-friendly designThe new facility has a 2,000-strong staff with space to accommodate over 1,000.
26 Aug, 2022, 09.41 AM IST
Rakuten enters B2B space in India, launches SaaS product SixthSenseSixthSense, which will be available on a subscription model, will help provide end-to-end visibility of the entire IT environment, from dev...
15 Sep, 2021, 11.31 AM IST
OpenRAN can open doors to new 5G world: Rakuten CTOOpenRAN enables hardware and software to be disaggregated, unlike conventional radio gears, allowing technology products from different sup...
26 Feb, 2021, 07.34 AM IST
Walmart sells majority stake in Japanese Seiyu supermarketKKR & Co., a global investment firm, will purchase a 65% stake, while Japanese online retailer Rakuten will acquire a 20% stake from Walmar...
16 Nov, 2020, 12.35 PM IST
Tech Mahindra sells Altiostar stake to Rakuten for $45 mnIndia's fifth-largest IT services provider, Tech Mahindra, has sold its entire stake in US-based Altiostar Networks to Rakuten for $45 mill...
24 Sep, 2020, 07.43 AM 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
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
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
Japanese internet firm Rakuten to double its tech headcount in IndiaThe India arm serves as a research and development centre for the Japanese company and is crucial to several of its strategic initiatives.
13 Sep, 2017, 09.07 AM 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