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Rakuten Inc (4755.T)

4755.T on Tokyo Stock Exchange

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4:28am GMT
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Latest Key Developments (Source: Significant Developments)

Intel Corp Says Will Provide Technology To Rakuten For A New Cloud-Native Network
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - INTEL CORP::INTEL CORP SAYS WILL PROVIDE TECHNOLOGY TO RAKUTEN FOR A NEW CLOUD-NATIVE NETWORK.  Full Article

Rakuten Agrees With Waterland Financial Holdings To Form Joint Venture To Start Banking Operation In Taiwan
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Japan's Rakuten Inc <4755.T>::ANNOUNCEMENT CONCERNING AN AGREEMENT TO ESTABLISH A JOINT VENTURE ON THE PREMISE OF ACQUIRING APPROVALS ETC FOR A BANKING BUSINESS IN TAIWAN.REACHED AGREEMENT WITH WATERLAND FINANCIAL HOLDINGS TO FORM JOINT VENTURE TO START BANKING OPERATION IN TAIWAN.RAKUTEN BANK TO HOLD 50 PERCENT, RAKUTEN CARD 1 PERCENT, WATERLAND FINANCIAL 49 PERCENT.  Full Article

R&I affirms Rakuten's rating at "A-" and says stable outlook-R&I
Friday, 19 Oct 2018 

Oct 19(Reuters) - Rakuten Inc <4755.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-"-R&I.Rating outlook stable-R&I.  Full Article

Boku Signs Deal To Provide Carrier Billing Solutions For Rakuten Collection's E-Commerce Site
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Rakuten Inc <4755.T>::BOKU - SIGNED AN INITIAL DEAL WITH RAKUTEN COLLECTION TO PROVIDE CARRIER BILLING SOLUTIONS FOR RAKUTEN COLLECTION'S E-COMMERCE SITE.  Full Article

Walmart eCommerce U.S. Says Co, Kobo Launch Walmart Ebooks, Including New Audiobook Subscription For $9.99
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Walmart eCommerce U.S. ::WALMART AND KOBO LAUNCH WALMART EBOOKS, INCLUDING NEW AUDIOBOOK SUBSCRIPTION FOR $9.99.WALMART ECOMMERCE U.S. - WALMART EBOOKS TO BE ACCESSIBLE ON CO-BRANDED IOS & ANDROID APPS THAT LAUNCHED AUG.22, & ON KOBO EREADERS.WALMART ECOMMERCE U.S. - IN 1,000 STORES, WILL OFFER KOBO AURA STARTING LATER THIS WEEK.  Full Article

Rakuten announces group reorganization by corporate split
Monday, 6 Aug 2018 

Aug 6(Reuters) - Rakuten Inc <4755.T>:Says it resolved to implement reorganization within the group, effective April 1, 2019.Says the majority of the internet service business developed by the company will transfer to Golden Eagles,II,Inc., a wholly-owned subsidiary of the company.Says the shares etc of the company's Fintech business, excluding the shares of Rakuten Card Co., Ltd, a wholly-owned subsidiary of the company, will transfer to Rakuten Card Co., Ltd. .Says the company's MVNO (Mobile Virtual Network Operator) business will transfer to Rakuten Mobile Network Inc., a wholly-owned subsidiary of the Company.  Full Article

Rakuten Inc Announces Acquisition Of 9.6 Percent Of Gurunavi Shares
Monday, 30 Jul 2018 

July 30 (Reuters) - Rakuten Inc <4755.T>::RAKUTEN INC ANNOUNCES ACQUISITION OF 9.6 PERCENT OF GURUNAVI SHARES.  Full Article

Rakuten says partial succession of business by company split
Wednesday, 18 Jul 2018 

July 18(Reuters) - Rakuten Inc <4755.T>:Says the company has decided that the "Rakuten Manga" and "Comic Manga★ Manga Gakuen" business conducted by the company will be succeeded to Mediano Co., Ltd by way of a company split, with an effective date of Oct. 1.The Company plans to receive a payment of 41.3 million yen from Mediano Co., Ltd as a consideration of the company split.  Full Article

Rakuten units to transfer shares to intermediate holding company
Monday, 11 Jun 2018 

June 11(Reuters) - Rakuten Inc <4755.T>:Says its five wholly owned units, including Rakuten Life Insurance Co., Ltd., ASAHI FIRE & MARINE INSURANCE, and other three Tokyo-based insurance related units, will jointly transfer shares to an intermediate holding company, which will be established on July 2, and will be wholly owned by the company .  Full Article

Rakuten To Issue 200 Bln Yen To Enter Japan's Mobile Phone Service Market
Thursday, 19 Apr 2018 

April 19 (Reuters) - Nikkei::RAKUTEN WILL ISSUE AS MUCH AS 200 BILLION YEN TO PREPARE FOR ITS ENTRY INTO JAPAN'S MOBILE PHONE SERVICE MARKET - NIKKEI.RAKUTEN PLANS TO LAUNCH ITS SERVICE IN OCT 2019, INVEST ABOUT 600 BILLION YEN TO BUILD NECESSARY INFRASTRUCTURE - NIKKEI.RAKUTEN WILL FINANCE INVESTMENT WITH SUBORDINATED DEBT, TO BE ISSUED AS EARLY AS JUNE, AND BANK LOANS WORTH 400 BILLION YEN - NIKKEI.  Full Article

UPDATE 1-Walmart Japan's new CEO: Seiyu "absolutely" not for sale

TOKYO, March 18 The newly appointed chief executive of Walmart Inc's Japanese supermarket chain Seiyu on Monday denied the business was up for sale, following reports last year that the U.S. retail giant was looking for a buyer.