2021-03-12 16:05:25 GMT2021-03-13 00:05:25(Beijing Time) Xinhua English
TOKYO, March 12 (Xinhua) Japanese E-commerce behemoth Rakuten Inc. and Japan Post Holdings Co. will form a capital alliance to improve the competitiveness of their digital services such as logistics and online shopping, the companies said Friday.
Japan Post will take an 8.32-percent stake in Rakuten for around 150 billion yen (1.37 billion U.S. dollars), under the agreement, it was reported. As IT giants, mainly centering on GAFA (Google LLC, Apple Inc., Facebook Inc. and Amazon.com), have become powerful amid globalization, we hope to create a new form by combining the strengths each has in the real and online spheres, Rakuten Chairman and CEO Hiroshi Mikitani told a press conference.
A former post office worker in Tokyo was arrested Tuesday for allegedly embezzling over 2 million postage stamps worth about 94 million yen, police said. Tokyo police suspect Masaki Hosohata, 49, was also involved in other cases, estimating the total amount embezzled at about 270 million yen. Hosohata has admitted…
Tohoku quake disrupts operations at retailers and factories Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
A landslide in Nihonmatsu, Fukushima Prefecture, caused by Saturday s earthquake | KYODO / VIA REUTERS
Jiji Feb 15, 2021
A powerful earthquake that struck on Saturday night has affected operations of retailers, including supermarkets and convenience stores, and factories in the northeastern Tohoku region and in Kanto in the east.
The quake measured upper 6, the second-highest level on Japan’s seismic intensity scale, in Fukushima and Miyagi prefectures, both in Tohoku.
A powerful earthquake that struck on Saturday night has affected operations of retailers, including supermarkets and convenience stores, and factories in t