Apr 1, 04:00 AM

Rakuten Plans Financial Unit Reorganization with SoftBank and Naver Amid Debt and Losses

Japanese e-commerce company Rakuten is planning to reorganize its financial units to address its debt and losses. The company is considering integrating its bank and fintech units to enhance collaboration. Rakuten is seeking a capital structure review with SoftBank and Naver.

#Rakuten #SoftBank #Naver

Written with ChatGPT (GPT-3).

Sources

Reuters Business@ReutersBiz
3 years ago
Rakuten Group aims to integrate bank, fintech units https://t.co/zLMFyeNfh4 https://t.co/ZZPcCHtjxO
The Mainichi (Japan Daily News)@themainichi
3 years ago
Rakuten to reorganize financial units amid mounting mobile losses https://t.co/0hQku8XAXJ
Bloomberg Asia@BloombergAsia
3 years ago
Rakuten, the debt-laden online retailer, said it will consider combining its financial units to promote collaboration https://t.co/gUPWquiUTj

Additional media

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