Rakuten chief executive Hiroshi Mikitani, left, and Japan Post chief executive Hiroya Masuda pose together during a press conference in Tokyo on Friday. AP
Rakuten chief executive Hiroshi Mikitani, left, and Japan Post chief executive Hiroya Masuda pose together during a press conference in Tokyo on Friday. AP

Economy

Rakuten to raise $2.2bn as Japan Post, Tencent and Walmart buy stakes

The Japanese e-commerce pioneer has benefited from a boom in online shopping, but faces stiff competition from Amazon

Bloomberg

March 12, 2021