Rakuten details plan to fight back against Amazon, SoftBank


The new mobile business, slated for debut next year, will tie together the company

TOKYO: Japan’s e-commerce giant Rakuten Inc. is offering a glimpse into its ambitious plan to build a cutting-edge wireless network to take on Masayoshi Son’s SoftBank Group Corp., stay in the lead in mobile payments and win back market share from Amazon.com Inc.

The new mobile business, slated for debut next year, will tie together the company’s disparate portfolio of about 80 different services, Chief Operating Officer Kentaro Hyakuno said in an interview.

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