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Rakuten says to book $990 million gain on Lyft investment
April 1, 2019 14:30 pm
TOKYO, April 1: Japan’s Rakuten said on Monday it will book a 110 billion yen (£759 million) gain in the quarter through March on its investment in Lyft following the U.S. ride-hailing firm’s listing last week.
Digital accelerator: Revving up govt in Asia
November 6, 2018 02:00 am
Asia’s digital revolution shows no signs of slowing down. From e-commerce giants like China’s Alibaba and Japan’s Rakuten to ride-hailing, and digital payment tech startups, like Indonesia’s Go-Jek and India’s Paytm, and the widespread use of industrial robots for manufacturing, digitalization is changing the way the region’s businesses operate.
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