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Business deals

Rakuten hopes new movie business will lift profits at other units

Japan group seeks tie-ups with its e-tail, travel and other digital platforms

Rakuten is jumping into the film industry in an attempt to expand the scope of its activities.

TOKYO -- Rakuten, an e-commerce company that has had tremendous success in Japan but receives only 20% of its overall revenue from overseas, is stepping into the movie business in a bid to grow its activities in other sectors and to gain more global recognition.

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