Rakuten’s mobile misadventure: from ambitious plan to millstone
By Anton Bridge TOKYO (Reuters) - When Japan's Rakuten launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world's third-largest telecoms market. It's done that in part, but the greater shake-up has been to
Rakuten shares slump 6% on expected $2.2 billion new share issuance
The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey/File Photo By Sam Nussey and Chang-Ran Kim TOKYO (Reuters) - Shares in Rakuten Group Inc fell 6% early on Tuesday, extending the previous