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February 12, 2016 01:36 pm GMT
Japan-headquartered e-commerce firm Rakuten has written down $340 million from a range of businesses, including its Kobo e-reader division and France-based e-commerce site PriceMinister, and announced plans to close a number of its global operations as part of a new strategic focus. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OdSZDA-I0zQ/
Rakuten Writes Down $340M In Assets, Shutters Marketplaces In Southeast Asia And Brazil
Japan-headquartered e-commerce firm Rakuten has written down $340 million from a range of businesses, including its Kobo e-reader division and France-based e-commerce site PriceMinister, and announced plans to close a number of its global operations as part of a new strategic focus. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/OdSZDA-I0zQ/
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