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Wireless

Rakuten to raise JPY 242 billion in share sale to Japan Post, Tencent, Walmart

Friday 12 March 2021 | 12:18 CET | News
Rakuten has agreed to raise JPY 242.3 billion from the sale of shares to strategic partners Japan Post, Walmart and Tencent, as well as its founder and CEO Hiroshi Mikitani. The money will support its mobile network roll-out and development of new mobile services across its business.

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Categories: Internet / Mobile & Wireless
Companies: Rakuten / Tencent
Countries: China / Japan
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