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US-based retailer Walmart has announced it is selling most of Japan-based retailer Seiyu to KKR and Rakuten in a deal that values the supermarket chain at USD 1.6 billion.
Walmart, Rakuten, KKR, Seiyu, Japan, US, acquisition, ecommerce, retail, AEON, Tesco, Carrefour, big retail, big merchant, marketplace, Asia, APAC
Walmart has partnered with ecommerce company Rakuten to launch an online grocery delivery service in Japan, Reuters reports.
Walmart, Rakuten, ecommerce, Japan, grocery delivery in Japan, online grocery