TOKYO, June 8 (Xinhua) -- Japan's e-commerce behemoth Rakuten Inc. will close its online stores in Britain, Spain and Austria by the end of August, the company said Wednesday. Rakuten said it will continue to offer its e-services in its growth markets of Germany and France, but ...
It was the dawn of the internet age, and for many, online shopping was an exotic idea. By choosing a familiar Japanese-sounding name, Rakuten looked to earn the trust of its new customers. Soon after, the company name was changed from the original “MDM” to “Rakuten.” Other group se...
Why Japanese E-Commerce Giant Rakuten Is Betting Big on AI The e-tailer’s head of fashion Ryo Matsumara sees its recent investments in semantic search and other artificial intelligence features as key to driving sales growth in the country’s lucrative but lagging online luxury market. ...
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*3 Press release:https://corp.rakuten.co.jp/news/update/2023/0714_01.html (*Japanese page) *4 Press release:https://global.rakuten.com/corp/news/press/2023/1220_01.html Service Start Date: 12:00 a.m. on September 25, 2024 Overview: An online grocery delivery service delivering fresh ...
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Overall, online marketplaces, rather than conventional online stores, dominate ecommerce in Japan. A survey of Japanese consumers by the Ecommerce Foundation found that 39% had bought from an online marketplace in the last month. However, only 10.2% of Japanese consumers have bought from overseas...
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As a general rule, if you can’t find a product locally in Japanese stores, Rakuten Ichiba will most likely have it. Food, home, and apparel are the most heavily shopped product categories on the marketplace. Within these three, there are also several sub-categories, presenting a wide ...
Japanese ecommerce company Rakuten has agreed to acquire Curbside, the operator of a mobile shopping platform. The acquisition would be Rakuten's 36th since the start of 2007, per the PitchBook Platform, and its first since 2016. Of those 35 currently completed takeovers, 13 were of fellow e...