US$10m fund available to boost Rakuten’s e-commerce in Asia Pacific

Thu, Jun 20, 2013: Rakuten Asia Pacific has allocated US$10 million (RM31.5 million) venture capital fund to drive its businesses mainly e-commerce in Asia Pacific, Bernama reported. Rakuten Malaysia will be benefited from this round of funding. Currently, Rakuten Malaysia is having steady growth and has increased its merchants to 130 that offering about 11,000 products through its e-commerce platform.

Author: VSDaily Editor

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