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Tag: rakuten

Retail Asia12/07/2017
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E-Tailing

Japan’s Rakuten retail site bans ivory sales

3min0
One of Japan’s largest online retailers has banned the sale of ivory, closing a major marketplace for the controversial trade. Rakuten is accused of being the world’s largest online retailer for elephant ivory, but will now phase out its sale. The trade is legal in Japan for items imported before 1989 – but no new […]
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Retail Asia19/04/2017
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E-Tailing

Japanese retailers to accept bitcoin payments

3min0
Two Japanese retail groups are about to start accepting bitcoin payments, a move that is likely to promote wider use of the virtual currency by domestic consumers. Electronics chain Bic Camera has teamed up with Tokyo-based BitFlyer, which runs the largest Japanese bitcoin exchange, for a trial run of the payment system at Bic Camera’s […]
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Retail Asia20/03/2017
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E-Tailing

Rakuten drone network under development

2min0
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 longest drone delivery, flying a container of hot soup 12 km […]
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Retail Asia16/02/2017
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Finance

Rakuten expands in-store payment system

3min0
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, including credit cards, electronic money, and a smartphone app. It now accepts payments made through Rakuten […]
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Retail Asia08/12/2016
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E-Tailing

Cross-border eCommerce ‘set to skyrocket’ in China

5min0
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 sales platforms, says Fung Global MD Deborah Weinswig. Cross-border eCommerce is the most efficient platform to reach […]
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Retail Asia28/11/2016
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E-Tailing

Rakuten drone delivery system launched

2min0
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 smartphone. The last experiment in the National Strategic Special Zone of Chiba city saw the cargo […]
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Retail Asia11/06/2016
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E-Tailing

Restructure for Rakuten Europe

3min0
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 high capital cost of growth relative to the size of the […]
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Retail Asia02/05/2016
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E-Tailing

Rakuten drones to deliver from May 9

4min0
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 at pickup points. Using the service, players can use the dedicated Android app […]
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Retail Asia25/03/2016
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E-Tailing

Rakuten launches mobile e-commerce app in Taiwan

2min0
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 listing and direct communication among users. Rakuten said the app will target Taiwanese consumers interested in easy mobile […]
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Retail Asia09/03/2016
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E-Tailing

China $1.1T eCommerce Market On Horizon

4min
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 projected to nearly double in the next five years, from $733 billion in 2014 to $1.4 […]
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Retail Asia03/03/2016
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E-Tailing

Rakuten quits Thailand

2min0
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 sealed within a few days. Rakuten has a 67 per cent stake in Tarad.com since acquiring […]
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Retail Asia25/02/2016
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E-Tailing

Rakuten and Gmarket announce trading partnership

3min
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 partnership with South Korea’s largest e-commerce shopping mall Gmarket to boost cross-border trading amongst merchants in […]
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Retail Asia19/02/2016
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E-Tailing

Rakuten Singapore axes eCommerce site

3min0
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 trading result which has prompted the business to refocus on its domestic operations and scale […]
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Retail Asia18/02/2016
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Living

Rakuten Closes Marketplaces in South-East Asia

3min
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 its Thailand-based platform Tarad.com, which it acquired in 2010. The closures will […]
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Retail Asia30/12/2015
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E-Tailing

Rakuten to open on JD.com

2min
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 marketplace on JD Worldwide earlier this month. Plans are under way to expand the merchandise […]
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