Rakuten falls most in four months on talks to acquire Ebates

Sep 8, 2014

Rakuten falls most in four months on talks to acquire Ebates

Rakuten share prices fell further Monday than they had in four months after the owner of Japan’s largest online mall said it is in talks to buy U.S. website operator Ebates Shopping.com Inc. Rakuten, controlled by billionaire Hiroshi Mikitani, is negotiating the acquisition, according ...

AirAsia to re-enter Japanese market

Jul 1, 2014

AirAsia to re-enter Japanese market

Malaysian budget airline AirAsia said Tuesday it is resuming domestic flights in Japan after withdrawing a year ago, aiming for a summer 2015 launch. Rakuten Inc., which runs an online travel site, is buying an 18 percent stake in AirAsia’s Japanese subsidiary, which is ...

Jun 13, 2014

Rakuten rakes in ¥30 billion for first bond sale

Rakuten Inc., the e-commerce company led by billionaire Hiroshi Mikitani, issued its first public bonds Friday, selling ¥30 billion of three-year notes. The operator of Japan’s largest Internet mall sold ¥10 billion of 0.377 percent notes at a yield premium of 27 basis points ...

Nov 13, 2013

Rakuten unit sues over curbs on selling drugs over Internet

Kenko.com Inc., a unit of Internet retailer Rakuten Inc., said it has filed a lawsuit against the government to fight restrictions on the online sale of some drugs. The government’s ban is “unconstitutional,” Kenko said in a statement to the Tokyo Stock Exchange on ...

Rakuten defends charges

Oct 22, 2013

Rakuten defends charges

The multimillionaire boss of Web mall operator Rakuten is defending its pay model of charging merchants, ignoring a move by archrival Yahoo Japan to eliminate fees. Rakuten Chairman and CEO Hiroshi Mikitani has ruled out following suit on the plan announced by Yahoo Japan’s ...

Rakuten to buy video streaming provider

Sep 3, 2013

Rakuten to buy video streaming provider

Rakuten Inc., controlled by billionaire Hiroshi Mikitani, said it has agreed to buy streaming video service provider Viki Inc. as the Internet retailer seeks to expand into new digital offerings. The companies see opportunities for Viki to boost revenue by selling more advertising against ...

Cut corporate tax to aid commerce, Mikitani advises

Mar 15, 2013

Cut corporate tax to aid commerce, Mikitani advises

Rakuten President Hiroshi Mikitani wants the government to set clear tax and employment targets in order to strengthen the country’s international competitiveness. “The government needs to clearly state specific numerical targets and clarify its responsibilities,” Mikitani said Wednesday. In a speech that touched on ...