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Business deals

Rakuten invests $36m in restaurant reservation site

Partnership with Japan's Gurunavi will create new services

Rakuten looks to expand its services through partnering with Gurunavi.

TOKYO -- Japanese internet services company Rakuten announced on Monday that it is investing 4 billion yen ($36 million) for a 10% stake in local restaurant reservation site Gurunavi to create new services using data owned by both companies.

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