Rakuten just doesn’t stop internationalizing. In May, we reported about the joint venture the Japanese e-commerce giant (market cap at the Tokyo Stock Exchange: $10 billion) entered with Indonesia’s biggest media company, Global Mediacom.
And today, Rakuten announced the result of the deal, an online mall, which will be opened next year and give Indonesian merchants the chance to open virtual shops and offer their products in a collected setting. There are no shops active on the site currently, just some information for merchants with an interest to sign up.
Rakuten proper currently counts well over 30,000 merchants and 60 million members on its Japanese site. The deal it inked with Global Mediacom is worth $4.3 million, with Rakuten saying it will at some point link all of its sites (in Taiwan, China, Japan etc.) together to become something of a global online mall.
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