Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive saysRakuten plans a significant expansion in India, investing at least $100 million and increasing its workforce by 8% to bolster its global op...
30 Apr, 2025, 12.42 PM IST
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
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
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
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
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
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