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August 2, 2013 06:53 pm GMT

Rakuten Global E-commerce Expansion Weighs Down Q2 Profits

Screen Shot 2013-08-02 at 8.04.51 PMThe aggressive international expansion of Japanese e-commerce giant Rakuten has continued to put pressure on the firm's bottom line but it is confident the "super sales" and B2B2C business model, popular in its homeland, will help it steal Amazon's mantle as the world's No. 1 e-commerce firm.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fvrrHZcb8pk/

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