Japanese E-Commerce Giant Rakuten Reports 15.2% Boost in Annual Revenues

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Rakuten, Japan’s largest on-line store. Rakuten.

Major enlargement in the gang’s trade, which spans e-commerce, bills, insurance coverage and extra, was once pushed via sped up digitisation in Japan’s on-line buying groceries house right through its monetary yr finishing December 31, 2020.

Total revenues hit 1,455,538 million yen ($13.eight billion), while home e-commerce revenues grew 35.1 % year-on-year. The staff’s top-performing e-commerce market Rakuten Ichiba exceeded three trillion yen in gross vending quantity for the primary time, which it attributed to stepped forward logistics.

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