Mar 26, 2015

Rakuten to buy Japan unit of U.S. currency trader FXCM

FXCM Inc., a major U.S. provider of online foreign exchange trading services announced Wednesday that it has agreed to sell its Japanese unit, FXCM Japan Securities Co., to Rakuten Securities Inc. for $62 million. The transaction is expected to close on Wednesday. It comes ...

Oct 29, 2014

Seven & I to challenge online retailers with same-day delivery

Retail giant Seven & I Holdings Co. next year will start providing same-day delivery of products sold online by its group stores, a source close to the matter said Wednesday. The operator of the Ito-Yokado supermarket chain as well as Seibu and Sogo department ...

Sep 9, 2014

Rakuten to acquire Ebates in Japan's biggest e-commerce deal

Rakuten Inc. has agreed to buy U.S. rebates website Ebates Inc. in Japan’s largest-ever e-commerce deal as the operator of the country’s biggest online mall seeks overseas growth through acquisitions. Rakuten will pay $1 billion in cash for all of Ebates, it said in ...

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 26, 2014

Rakuten to enter budget airline business with AirAsia

Online retailer Rakuten Inc. is planning to enter the airline business in partnership with Malaysian discount carrier AirAsia, sources said Thursday. Rakuten is looking to invest in a low-cost carrier set up by AirAsia in Japan and to cooperate in establishing a seat-reservation system ...