Rakuten Officially Terminates Joint Venture With MNC For Its Indonesia...
Japan’s e-commerce behemoth Rakuten officially ends its joint ventures in Indonesia with PT Media Global (MNC) for Rakuten Indonesia (PT Rakuten-MNC). After signing the agreement back in 2010 with 51%...
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Rakuten Splits With MNC Group, Leaving Indonesia E-Commerce Site in Doubt
(Updated on March 25th: MNC confirms the break-up and is now looking to sell its 49 percent share back to Rakuten. The Indonesian company says the reason is that Rakuten and itself have principally...
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MNC and Rakuten: Why the Sudden Break Up?
Image source credit: imgix.8tracks.com Last night’s news of Rakuten (JSD:4755) breaking up its joint venture with MNC in Indonesia sent shockwaves through the entire tech ecosystem. It could spell the...
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Rakuten’s new USD 10M Asian fund seeking to invest in region’s startups
Rakuten, the e-commerce giant from Japan with a global presence, announced today that it has set up a USD 10M fund in Singapore that will be investing in startups primarily from Taiwan, Thailand,...
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Coffee Chat: What Rakuten Taught Me After We Got Acquired (Live Blog)
Currently onstage now is the founder of Thailand’s e-commerce site Tarad.com, Pawoot Pongvitayapanu or Pom. Interviewed by Willis Wee, Pom talks about the lessons he learned after Japan-based...
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1 Month After Reported MNC Split, Rakuten Issues Statement About Commitment...
The Rakuten Indonesia site. Nikkei first broke the news last month that the joint venture between MNC and Rakuten (JSD:4755) is over in Indonesia. We reached out to both MNC and Rakuten but no one...
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The Rakuten Startup Challenge 2013
Fresh from launching a new USD 10M fund to invest in Asia’s startups, global internet and e-commerce giant, Rakuten is making a new move to engage the region’s entrepreneurs. The Rakuten Startup...
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An inside look at Rakuten’s expansion and investment plans for wider Asia
Things are looking up for the region’s e-commerce scene with a recent spate of activities involving the 3 Rs — Rocket Internet, Reebonz, and Rakuten. Rocket Internet and Reebonz have come under the...
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Rakuten Remains Committed to Indonesia with Payment Gateway Upgrade and...
Ryota Inaba, President Director and CEO of PT Rakuten-MNC Rakuten’s (JSD:4755) Indonesian e-commerce site, Rakuten Belanja Online (RBO), turns two-years old today. Coinciding with today’s anniversary,...
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Rakuten Sees Huge Growth in Malaysia
Today DigitalNewsAsia reports that Japan-based e-commerce site Rakuten (4755:JP) is making solid progress in Malaysia. Not only is the company recording strong growth on its Rakuten.com.my site, but...
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Brace Yourselves: eBay Will Open Marketplace in Indonesia Soon
The e-commerce battle is getting even hotter in Indonesia with many major players looking to take the top spot here. Who’s the latest entering the field? eBay. We spoke with Widi Nugroho, the CEO of...
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Rakuten Taiwan Gets Visual, Lets You Find Fashion From Photos
E-commerce site Rakuten Taiwan has partnered with visual search platform ViSenze today to bring the startup’s visual search technology to Rakuten’s fashion shopping discovery feature. Claiming to be...
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ViSenze’s visual search tech on Rakuten Taiwan has promise, but can’t handle...
Text input search is passe. These days, it’s all about voice and image recognition, as seen in Apple and Google battle against one another. While the two tech giants are duking it out in open warfare,...
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5 Reasons Why There Is No Southeast Asia Kool Aid
By Techninasia.com | Tech in Asia So it seems we got us a little debate here on the topic of startups in Southeast Asia, so I’d like to add some fuel to the flame. Oliver Segovia, founder and CEO of...
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Rakuten Global E-commerce Expansion Weighs Down Q2 Profits
by Mahesh Sharma The aggressive international expansion of Japanese e-commerce giant Rakuten has continued to put pressure on the firm’s bottom line but it is confident the “super sales” and B2B2C...
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