Rakuten will double e-commerce turnover by 2030: CEO Mikitani

Money-losing wireless business to reach profitability milestone in 2023, tech exec says

20220419N Mikitani

"The challenge we face is whether we can become a global platform in the true sense of the word," said Rakuten CEO Hiroshi Mikitani. (Photo by Maria Sangroulla) 

SUGURU KURIMOTO, Nikkei staff writer

TOKYO -- Japan's Rakuten Group aims to double its domestic e-commerce turnover to 10 trillion yen ($78.9 billion) as its money-losing wireless business grows into an earnings driver, Chairman and CEO Hiroshi Mikitani told Nikkei in an exclusive interview.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.