TOKYO -- Japanese e-commerce group Rakuten announced Monday a 25 billion yen ($237 million) write-down on its investment in Lyft, with CEO Hiroshi Mikitani resigning from the board of the U.S. ride-hailing company.
Technology
Rakuten books $240m write-down as Mikitani exits Lyft's board
Japanese group weakens its involvement in US ride-hailing app