Rakuten to expand in Asia as Japan online retailer chases Amazon
News On Japan via BusinessWeek -- Oct 12
Rakuten Inc., Japan's biggest Internet retailer, plans to expand in India and Australia as the outlook for slowing economic growth at home hurts demand at its online shopping malls.
"We're making very steady progress in terms of expanding our global presence," Chief Executive Officer Hiroshi Mikitani said in an interview in Tokyo yesterday. Rakuten aims to have 70 percent of sales transactions overseas by as early as 2020, said Mikitani, 47, Japan's third-richest man.
The retailer in the past three years announced more than $1.6 billion worth of purchases such as stakes in social network Pinterest and digital book seller Kobo Inc. as part of its strategy to catch up with Amazon.com. (AMZN) Mikitani, whose company's revenue is about one-tenth that of his U.S. rival's has a T-shirt that reads: Beat Amazon.
A 24-year-old woman was in a serious condition Friday after being stabbed by a man whom she reported to police for stalking her in Kurashiki, Okayama Prefecture. (Japan Today )
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Police said Friday they have found four dead bodies in an apartment in Kashiwa, Chiba Prefecture, in what is believed to have been a family murder-suicide. (Japan Today )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)
Six sailors were found dead after a fire on a foreign freighter docked at a port in Hokkaido, northern Japan.
The sailors are presumed to be Russians. (NHK )
Police on Friday said that a real estate company employee was stabbed by an unknown assailant in the lobby of an office building near JR Akihabara station. The man is currently in a serious condition in hospital. (Japan Today )
A 5-year-old boy sustained an injury at a shopping mall in Nagoya on Friday after his hand became trapped in an escalator. (Japan Today 
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A 24-year-old woman was in a serious condition Friday after being stabbed by a man whom she reported to police for stalking her in Kurashiki, Okayama Prefecture. (Japan Today 
A 70-year-old woman has been rescued from a toilet in which she had been waiting for help for three days, Hiroshima police said Friday. (Japan Today 
A traditional dance was performed on Friday at an ancient temple in Nikko City, northeast of Tokyo. (NHK 
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters 
A bear was shot dead after it wandered into a school in Kanazawa, Ishikawa Prefecture, on Thursday. (Japan Today 
Police said Friday they have found four dead bodies in an apartment in Kashiwa, Chiba Prefecture, in what is believed to have been a family murder-suicide. (Japan Today 
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter) 
Six sailors were found dead after a fire on a foreign freighter docked at a port in Hokkaido, northern Japan.
The sailors are presumed to be Russians. (NHK 
Police on Friday said that a real estate company employee was stabbed by an unknown assailant in the lobby of an office building near JR Akihabara station. The man is currently in a serious condition in hospital. (Japan Today