Rakuten news

18 June 2019
Rakuten and Seiyu will deliver products from the Seiyu LIVIN Yokosuka Store in Yokosuka City, Kanagawa Prefecture, to visitors in Sarushima via drones. Drone service to launch on 4 July 2019 Starting on 4 July 2019, the new initiative will service Sarushima, a popular sightseeing destination and the only uninhabited island in Tokyo Bay. It will run for around three months, and Rakuten Drone...
15 May 2019
Rakuten has published its results for the first quarter, with Group revenue up 15.9% to JPY280,294m (US$2.5bn) compared with the same period last year. Internet Services revenue up 13.8% Year-on-year revenue from Internet Services, Rakuten’s core business including ecommerce and travel booking services, increased 13.8% to JPY169,975m (US$1,5bn). Profit jumped 620.8% to JPY111,645m (US$1bn) ...
01 April 2019
The Japan External Trade Organisation is offering small to medium-sized domestic retailers free access to global ecommerce platforms to help them sell products in 18 markets abroad. Supporting smaller retailers grow online The initiative is expected to increase trade for local businesses, maximising the global popularity of Japanese products around the world. Twenty four ecommerce operators...
22 February 2019
Chinese ecommerce giant JD.com is partnering with Rakuten on delivery in Japan. JD.com's drones will become a part of Rakuten's own unmanned delivery services. JD.com's drones JD.com has been developing and operating drones in China for a few years. It has been expanding in other Asian countries, such as Indonesia, where JD.com completed its first government approved drone flight. Its unman...
11 December 2018
As part of their strategic relationship, Walmart and Rakuten have opened their first ecommerce store in Japan. We look at the model being used and implications for future expansion. Products fulfilled from US inventory Earlier this year, Walmart and Tokyo-based Rakuten, announced a strategic alliance designed to optimise each company’s strengths and assets to expand their reach to new consu...
02 November 2018
Shoppers in 16 Japanese prefectures can now benefit from a new online grocery delivery service, Rakuten Seiyu Netsuper, launched by Walmart and Rakuten. What is Rakuten Seiyu Netsuper? The new platform is jointly operated by Seiyu (a subsidiary of Walmart) and Rakuten, and is a product of the strategic alliance between the two companies in January. It charges JPY432 (US$4) for home d...
13 June 2018
Rakuten has announced the acquisition of m-commerce startup Curbside. Connecting retailers with customers via Curbside Rakuten's acquisition of Curbside will further help the online giant connect retailers with customers, particularly in mobile orders and pickup. Rakuten's online merchants could potentially offer their customers the option of order pickup, in addition to their existing deli...
28 February 2018
Leading Japanese ecommerce company Rakuten is planning to launch a new cryptocurrency Rakuten Coin to be used for its loyalty programme, built on blockchain technology. How does it work? Rakuten's loyalty programme Rakuten Super Points has been around for about 15 years, and there have been over 1 trillion Super Points awarded to its customers. Customers collect points every time they make ...
26 January 2018
Walmart and Tokyo-based Rakuten, have announced a strategic alliance that includes the launch of a new online grocery delivery service in Japan. Partnering with a global ecommerce leader The alliance aims to optimise each company’s strengths and assets to expand their reach to new consumer groups. Founded in 1997 as an online marketplace, Rakuten has expanded to offer services in ecommerce,...