TOKYO -- Rakuten Group has languished in the red for four straight years under the weight of its mobile business, forcing the Japanese web and fintech company to explore capital tie-ups to raise funds for shoring up its finances.
Telecommunication
Rakuten considers capital tie-ups to turn finances around
Japanese tech company posts record loss as push into mobile struggles
Rakuten has turned in a net loss for four straight years through 2022 due to the problems at the mobile business. © Reuters
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