RAKUTEN, INC. TO OPEN ONLINE SHOPS IN CHINA
AsiaInfo Services, January, 2007
AsiaInfo Services 01-09-2007 Rakuten, Inc. to Open Online Shops in China JAPAN, Jan 09, 2007 (SinoCast via COMTEX) -- Rakuten, Inc., the controller of the largest online shopping mall in Japan, announced recently that it would open online shops in China, to enlarge its overseas revenues. First two Chinese online shops will be situated in major cities like Shanghai and Beijing, said Hiroshi Mikitani, president of Rakuten, which will build an operating system including Chinese websites at first, then local offices within 2007. Now the company has contracted with 56,400 Japanese companies, and supplies a total of 14.824,4 million kinds of goods within Japan, in which the decreasing and aging population at home become much fiercer. On the basis of China, it will...
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