As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying diamond jewelry. Signet Jewelers, the world’s largest diamond jewelry retailer, shared on a call with analysts Thursday (June 13) discussing...
Rakuten, the cashback shopping platform, has announced the upcoming launch of Rakuten+, a membership program created specifically for designer brands. This program aims to connect these brands with select, highly engaged Rakuten members, offering them access to the most loyal and active shoppers of designer...
As consumers look for more affordable ways to get unique and/or high-quality apparel, eBay and Rakuten are testing to see if U.S. consumers will jump at the chance to buy secondhand Japanese fashion. Rakuma, the resale arm of Japan-based technology company Rakuten Group, is testing a partnership with eBay to gauge U.S. interest in...
Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities, and card company and other Fintech businesses into one group. “This decision is based on the belief that enhancing the...
May 31, 2023
Regardless of income level, we’re all wary of what things cost and where the best deal can be had, online or in-store. It’s not too far-fetched to say we’ve become a nation of bargain-hunters. At a high level, merchants face a conundrum. There’s a world of difference between deal chasers and customers who will make […]
January 20, 2025
Rakuten Group expects the data gathered by its mobile business to help train artificial intelligence (AI) will deliver benefits across the conglomerate’s operations. For example, the company is set to launch an AI assistant that serves as a travel and shopping agent for customers, Bloomberg reported Sunday (Jan. 19). “We have no intent to compete against […]
May 30, 2024
Rakuten, the cashback shopping platform, has announced the upcoming launch of Rakuten+, a membership program created specifically for designer brands. This program aims to connect these brands with select, highly...
April 01, 2024
Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities, and card company and other...
September 21, 2022
Japan’s Rakuten Group has tapped Goldman Sachs and Daiwa Securities to oversee an initial public offering (IPO) for its banking unit. That’s according to a Wednesday (Sept. 21) report by...
