TOKYO -- Japan's loss-making Rakuten Group is set to finalize plans to raise around 300 billion yen ($2.2 billion) from the issuance of new shares, Nikkei has learned.
Telecommunication
Japan's Rakuten plans to raise $2.2bn by issuing new shares
Mobile operator hopes to redeem bonds and improve network with the funds
Rakuten Group plans to sell rice from the Japanese government's reserves through its online marketplace. (Photo by Hiroki Endo)
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