• Kyodo News


Rakuten Inc. said Friday proceeds from its planned sale of all its equity stake in online travel service firm Ctrip.com International Ltd. will total about 58 billion yen.

Rakuten, the largest shareholder of the Nasdaq-listed company, said capital gains from the sale will amount to about 46 billion yen. It will report the sum as an extraordinary profit for the 2007 business year ending Dec. 31.

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