PYMNTS-MonitorEdge-May-2024

Rakuten

Rakuten, Walmart’s Grocery Unit Cash In Growth In Japan
Rakuten, Walmart’s Grocery Unit Cash In Growth In Japan
February 20, 2020  |  Retail

Walmart, which has been struggling in Japan for a number of years, is seeing eye-opening growth in its online food grocery delivery service, according to...

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Japan Takes Aim At Big Tech eCommerce Transparency
Japan Takes Aim At Big Tech eCommerce Transparency
February 20, 2020  |  eCommerce

Earlier this week, Japan’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi, “improve contract transparency” for deals...

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Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020  |  Investments

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. The shares were from...

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Japan’s FTC Raids Rakuten Over Merchants’ Shipping Complaints
Japan’s FTC Raids Rakuten Over Merchants’ Shipping Complaints
February 10, 2020  |  ANTITRUST

The Japan Fair Trade Commission (JFTC), the country’s antitrust watchdog, searched the Tokyo headquarters of eCommerce giant Rakuten on Monday (Feb. 10) over complaints about...

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Rakuten Expects To Lose $947M On Falling Lyft Shares
Rakuten Expects To Lose $947M On Falling Lyft Shares
November 05, 2019  |  Investments

Japan’s Rakuten has taken a huge loss on Lyft shares, according to Reuters. The company said it expects to lose 103 billion yen ($947 million)...

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Why Simple And Instant Is The Secret To Making Rebates Truly Rewarding
Why Simple And Instant Is The Secret To Making Rebates Truly Rewarding
October 17, 2019  |  Consumer Finance

Rebates and cash-back offers sound great in theory — the customer purchases something they wanted anyway, and get a small incentive payment to reward them...

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Rakuten And Prodege Team Up For Card-Linked Rewards
Rakuten And Prodege Team Up For Card-Linked Rewards
October 08, 2019  |  Loyalty & Rewards

Rakuten In Store Network, an advertising platform to help push in-store sales and traffic with rewards programs linked to cards, has announced a partnership with...

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Paper Checks Still Common For Rebate Payouts
Paper Checks Still Common For Rebate Payouts
October 07, 2019  |  Disbursements

Instant payments have use cases ranging from quickly paying gig workers for services rendered to refunding a shopper returning a purchase to speeding up insurance...

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Deep Dive: How Instant Payments And Solutions Are Changing Rebates
Deep Dive: How Instant Payments And Solutions Are Changing Rebates
October 04, 2019  |  Disbursements

Retailers have long enticed consumers with rebates, cash back and other rewards. Savvy shoppers have found these traditional programs to be lucrative, but long wait...

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