Japan

Japan Regulators Want Rakuten To Shelve Free Shipping Offer
Japan Regulators Want Rakuten To Shelve Free Shipping Offer
February 28, 2020  |  Retail

The Fair Trade Commission in Japan (JFTC) has asked eCommerce company Rakuten to delay its plans to offer free shipping, which would take effect on...

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Japan’s Central Bank Calls For Nuance With Gov-Backed Crypto
Japan’s Central Bank Calls For Nuance With Gov-Backed Crypto
February 27, 2020  |  Cryptocurrency

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to...

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Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
February 26, 2020  |  International

The coronavirus (COVID-19), which began in China, has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors from travel...

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Rakuten, Walmart’s Grocery Unit Cash In Growth In Japan
Rakuten, Walmart’s Grocery Unit Cash In Growth In Japan
February 20, 2020  |  Retail

Walmart, which has been struggling in Japan for a number of years, is seeing eye-opening growth in its online food grocery delivery service, according to...

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Japan Takes Aim At Big Tech eCommerce Transparency
Japan Takes Aim At Big Tech eCommerce Transparency
February 20, 2020  |  eCommerce

Earlier this week, Japan’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi, “improve contract transparency” for deals...

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Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6 Pct Economic Contraction
Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6...
February 18, 2020  |  News

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020  |  Investments

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Get the Full Story...

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Japan’s FTC Raids Rakuten Over Merchants’ Shipping Complaints
Japan’s FTC Raids Rakuten Over Merchants’ Shipping Complaints
February 10, 2020  |  ANTITRUST

The Japan Fair Trade Commission (JFTC), the country’s antitrust watchdog, searched the Tokyo headquarters of eCommerce giant Rakuten on Monday (Feb. 10) over complaints about...

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