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Online retail giant Amazon has revealed Germany was its biggest market outside the U.S. in 2016. However, Japan, coming in second for total country sales, experienced the most percentage growth last year, up double-digits on the back of heavy investment in…
US company AirMap is helping develop technology to manage a Rakuten drone network in Japan. Rakuten, Japan’s giant online retail platform, and AirMap hope drones will be allowed to be used at low altitude. Rakuten set a world record early this year for the…
Japanese e-commerce giant Rakuten is expanding its Rakuten Pay in-store payment system to support 14 major digital money brands and Android Pay. Rakuten Pay provides affiliated stores with a single payments service that supports a variety of payment methods,…
Cross-border eCommerce (CBEC) is set to skyrocket in China according to a new report from international think tank Fung Global Retail & Technology. To capitalise on this, international retailers need to complement their existing expansion strategy with online…
Japanese eCommerce giant Rakuten and its two partners – Docomo and Autonomous Control Laboratory – have trialled a drone-based delivery system. The Rakuten drone delivery system uses Docomo’s LTE mobile network when a customer places an order via a…
Japan’s e-commerce giant Rakuten Inc. has opened an online flagship store on 11STREET, one of South Korea’s leading online marketplaces. It said store aims to provide South Korean consumers with popular Japanese merchandise and will feature a variety of…
A restructure of Rakuten Europe will see the Japanese eCommerce company exit two countries to focus on France and Germany. Following a strategic review of its operations in Europe, Rakuten has decided to close its operations in the UK and Spain, due to the…
Japanese eCommerce giant Rakuten will launch the Sora Raku drone delivery service for general consumers on May 9. The Rakuten drones will make their debut on a golf course, where they will deliver golf equipment, snacks, beverages and other items to players…
Japanese e-commerce giant Rakuten has launched consumer-to-consumer mobile e-commerce app Rakuma in Taiwan. The app, first launched in late 2014 in Japan, enables the sale of goods between individual consumers via smart devices. It allows quick product…
While some Asian country economies may be slowing down, the health of the online retail markets across the continent is booming. According to a recent report from Forrester, total eCommerce revenue for China, Japan, South Korea, India and Australia is…
Japanese eCommerce giant Rakuten is negotiating to sell its stake in Thailand’s largest eCommerce company Tarad.com to an undisclosed Thai company. Rakuten Tarad.com founder and MD Pawoot Pongvitayapanu has told the Bangkok Post the deal is expected to be…
When Japanese e-commerce platform Rakuten shut offices in Singapore, Malaysia and Indonesia two weeks ago, the company stressed a renewed corporate focus on cross-border trading in East Asia. In a concrete result of the mandate, Rakuten announced today a…
Japan’s online retailing giant Rakuten is to close its eCommerce websites in Singapore, Indonesia andMalaysia on March 1. And it is reportedly seeking a buyer for its Thailand business Tarad.com which it bought in 2010. The decisions follow a disappointing…
Japanese e-commerce platform Rakuten has announced plans to close a number of global operations as part of a new strategic focus. As of March 2016, the company will shutter its marketplaces in Singapore, Malaysia and Indonesia. It is also looking to sell off…
Japan’s largest online retailer Rakuten is closing its Singapore website after two years, and trimming its staff. On Friday, the fifth day of Chinese New Year, about 30 local employees were given the pink slip . While the company will continue to keep its…
Rakuten, Japan’s largest eCommerce company, is to open an online flagship on Chinese cross-border eCommerce platform JD.com. The Japanese company says it aims to take “the best Japanese products to Chinese consumers”. It launched a beta version of the new…
