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Rakuten eyes Asia expansion, opens new business unit

Monday 28 January 2013 08:27 CET | News

Japan-based internet services company Rakuten has opened a regional headquarters in Singapore. The newly launched office is set to handle Rakuten’s Asia-Pacific operations including marketing and regional expansions.

According to Rakuten’s head of Asia marketing Shin Hasegawa, cited by online media outlet techinasia.com, Singapore has been selected because of its close proximity to other Southeast Asian countries.

Rakuten launched its pioneering Japanese e-commerce platform, Rakuten Ichiba, in 1997. Since then, the company offers a business to business to consumer (B2B2C) model, enabling merchants to build online storefronts on the marketplace and sell directly to consumers. Currently, the company has e-commerce operations in Japan, Taiwan, Malaysia, Thailand and Indonesia.
 


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Keywords: Rakuten, Asia, Singapore, e-commerce
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce