Tag - rakuten

 
 

RAKUTEN

Japan Times
BUSINESS / Companies
Jan 10, 2023
Rakuten looks for a further $200 million from bond deal
Rakuten tapped the market in November for $500 million at a whopping 12% yield.
Japan Times
BUSINESS / Companies
Dec 22, 2022
E-commerce giant Rakuten cut further into junk territory by S&P
The group's long-term rating was lowered to BB from BB+ because of 'slow improvement in its mobile business,' the ratings firm said.
Japan Times
BUSINESS / Companies
Nov 16, 2022
Rakuten seeks $500 million in rare Japanese junk bond deal
The bond offering is gaining attention given the fledgling junk debt market in Japan, where weaker firms aren't compelled to sell speculative-grade notes due to easy access to bank loans.
Japan Times
COMMENTARY / Japan
Nov 9, 2022
Breaking Japan’s cash habit by nudging wage earners
The Japanese government plans to pay workers directly into digital wallets to move them off cash and into virtual payments.
Japan Times
COMMENTARY / Japan
Oct 13, 2022
Struggling Rakuten may need to phone a friend for help with mobile bet
Hiroshi Mikitani isn't as rich as he used to be — and is losing money rapidly on his bet on mobile. The smart play may be to find a partner with deeper pockets.
Japan Times
BUSINESS
Aug 10, 2022
Fair Trade Commission to probe Japanese mobile carriers over '¥1 smartphone'
Subject to the investigation are the country's four major mobile phone carriers — NTT Docomo, KDDI, SoftBank and Rakuten Mobile — and their outlets.
Japan Times
BUSINESS / Economy
Jun 23, 2022
Consumers are racking up rewards in Japan by buying green
People can use points earned at certain shops toward things like online purchases, airline mileage points or even, in some cases, investments.
Japan Times
BUSINESS / Markets
Aug 5, 2021
Rakuten soars after winning contract for next-generation network
The e-commerce behemoth shook up Japan's wireless market in 2020, and now they'll sell the know-how overseas.
Japan Times
SOCCER
Jul 7, 2021
Barcelona forwards apologize for video mocking hotel staff in Japan
Antoine Griezmann and Ousmane Dembele's comments during a 2019 preseason tour have sparked a growing backlash, including a protest from Barcelona sponsor Rakuten.
Japan Times
JAPAN
May 15, 2021
Rakuten founder Hiroshi Mikitani calls Tokyo Olympics a ‘suicide mission’
Mikitani, who has been an outspoken critic of the government's handling of the coronavirus pandemic, said the sporting event, due to start in two months, should not be held this year.
Japan Times
BUSINESS / Companies
Apr 23, 2021
Retailer Rakuten beats Japanese lenders at digital banking game
New digital bank accounts with the internet conglomerate better known for its online shopping services expanded by 20% last year, and recently topped 10 million.
Japan Times
BUSINESS / Companies
Apr 21, 2021
Top online brokerage lures young Japanese with zero-fee trading
SBI Holdings Inc. will implement a series of campaigns that will virtually eliminate commission fee for spot trading in equities, the financial conglomerate said in a statement Tuesday.
BUSINESS / Companies
Mar 15, 2021
Rakuten sees biggest surge in 18 years after Tencent and Japan Post invest
The e-commerce pioneer is looking to expand its capabilities in artificial intelligence, financial technology and mobile networks.
Japan Times
BUSINESS / Companies
Mar 12, 2021
Rakuten to raise $2.2 billion as Japan Post and Tencent buy stakes
The Japanese e-commerce pioneer has benefited from a boom in online shopping during the pandemic, but faces stiff competition from Amazon.com Inc.
Japan Times
BUSINESS / Companies
Jan 29, 2021
Rakuten cuts mobile fees for light users to maintain edge over bigger rivals
The firm now says it will lower the cost depending on the amount of data used within the space of a month, saying the fee will even be free for particularly light users.
BUSINESS / Companies
Dec 22, 2020
SoftBank to match NTT Docomo's ¥2,980 smartphone plan as price war escalates
Some in the industry have accused the government of excessive meddling after Prime Minister Yoshihide Suga's administration urged major carriers to lower fees.
Japan Times
BUSINESS / FOCUS
Dec 11, 2020
U.S. crackdown on Huawei hands Japan a 5G lifeline
With U.S. partners seeking out suppliers from friendlier nations, vendors in the close U.S. ally suddenly seem a lot more attractive to carriers around the world upgrading their networks.
BUSINESS / Companies
Nov 16, 2020
Walmart to sell 85% stake in Seiyu to Rakuten and KKR
The deal is meant to shore up Seiyu's digital operations with the aid of its new owners as demand for online retail grows in Japan.
Japan Times
BUSINESS / Companies
Sep 30, 2020
Rakuten rolls out ultrafast 5G service with bold price plan
The move could give the mobile carrier a competitive edge and fuel momentum toward cheaper phone fees.
Japan Times
BUSINESS / Companies
Jul 22, 2020
WeWork set to lose major Japan tenant Rakuten, sources say
The e-commerce giant will let its contract run out in August without renewing, leaving about 700 desks empty in Tokyo.

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