Rakuten Group Halts Planned FinTech Business Reorganization
Company Announcements

Rakuten Group Halts Planned FinTech Business Reorganization

Rakuten (JP:4755) has released an update.

Rakuten Group, Inc. has announced the cancellation of its planned reorganization of the FinTech business, which was previously intended to boost sustainable growth and enhance corporate value. The decision to not proceed with the reorganization was based on the conclusion that it would not be the best option for expanding the FinTech Ecosystem and improving competitive advantage.

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