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 Nikkei hits 18-month high as investors cheer earningsJapanese shares closed higher, with the Nikkei gaining 0.8%, its highest in 1-1/2 years, supported by upbeat company earnings and yen weakn...
15 May, 2023, 12.32 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 tech stocks fall, travel shares gain ahead of tourism re-openThe chip industry is likely to remain under pressure, said Takamasa Ikeda, a portfolio manager at GCI Asset Management. "It's difficult to ...
07 Oct, 2022, 01.45 PM IST
Nikkei closes below 28,000 level for second day despite Wall Street boostLike Monday, the Nikkei briefly traded above that level but pared gains before the close amid caution ahead of this week's Federal Reserve ...
27 Jul, 2021, 01.46 PM IST
Nomura’s prime brokerage pullback deals blow to global goalsJapan’s biggest brokerage will stop offering cash prime-brokerage services in the US and Europe, and has given some clients about six month...
07 Jul, 2021, 11.40 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
Blockchain players beat gold and bitcoin in the pandemicElwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain e...
09 Sep, 2020, 03.01 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
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
SoftBank unveils $21 billion IPO of Japan mobile businessThe Japanese tech conglomerate plans to sell 1.6 billion shares at 1,500 yen a piece.
12 Nov, 2018, 12.35 PM 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