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Rakuten Writes Down $340M In Assets, Shutters Marketplaces In Southeast Asia And Brazil
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Japan-headquartered e-commerce firm Rakuten has written down $340 million from a range of businesses, including its Kobo e-reader division and France-based e-commerce site PriceMinister, and announced plans to close a number of its global operations as part of a new strategic focus. Read More
http://techcrunch.com/2016/02/12/raktrenchment/?ncid=rss
Japan-headquartered e-commerce firm Rakuten has written down $340 million from a range of businesses, including its Kobo e-reader division and France-based e-commerce site PriceMinister, and announced plans to close a number of its global operations as part of a new strategic focus. Read Morehttp://techcrunch.com/2016/02/12/raktrenchment/?ncid=rss