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How Rakuten is planning to run their entire business in English?




               S117 0225 Naoki Okada
History of Rakuten.


 In 1997, Mr. Mikitani founded MDM Inc,
predecessor of Rakuten in Feb.

In 1997, “Rakuten Ichiba” the Internet shopping
mall, commences operation in May.

In 1999, MDM inc. is renamed as Rakuten, Ic.
History of Rakuten.
 In 2005, Inc acquires 100% of shares in LinkShare
 Corporation through Rakuten USA Inc. to
spearhead global internet.

 In 2008, Rakuten Inc. and “President Chain Store”
establish a joint venture to start a Taiwan-based
internet shopping mall business: Rakuten Ichiba
Taiwan.

In 2010, Rakuten, Inc. announced the acquisition of
PriceMinister S.A, the most visited e-mmerce site in
France.
Outline Rakuten

Founging 1997.

President Hiroshi Mikitani

Some 10000 employees worldwide.

Rakuten ranks amongst the top 10 Internet
Companies in the world.
Rakuten Besiness
E-Commerce Marketplace managing Japan's largest
online retail marketplace.

 Credit and Payments, offering personal consumer
credit services including consumer loan card
payment and loans.

Portal and Media, managing portal sites – which act
as the gateway to the internet – and performing
other services.
Rakuten Besiness

 Travel, operating hotel booking and other travel-
related websites and prividing other service.

 Securities, providing services such as online
securities brokerage

 Professional Sports, managing a professional
baseball team.
International Rakuten
 Rakuten doesn't become proficient in English in
two years' time will be fired.

 The move is part of the web company's efforts to
go global. Rakuten intends to conduct all executive
meeting in English.

 The decision is generated strong reaction strong
elsewhere in Japan business world.
International Rakuten


  The implication is the high-ranking employees
would be fired if they failed to fulfill the new
requirement.

 Some in the business world are also wondering just
to what standard of English employees will be held
to.
Summary

Business – E-commerce Marketplace, Credit and
Payment, Portal and Media, Travel, Securities,
Professional Sports.

 International Rakuten – Rakuten is becoming to
International Language is English.
References

http://global.rakuten.com/corp/company/history.html

http://en.wikipedia.org/wiki/Rakuten


http://injapan.gaijinpot.com/2010/07/20/rakutens-decision-on-english-not-welcomed

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Week9

  • 1. How Rakuten is planning to run their entire business in English? S117 0225 Naoki Okada
  • 2. History of Rakuten. In 1997, Mr. Mikitani founded MDM Inc, predecessor of Rakuten in Feb. In 1997, “Rakuten Ichiba” the Internet shopping mall, commences operation in May. In 1999, MDM inc. is renamed as Rakuten, Ic.
  • 3. History of Rakuten. In 2005, Inc acquires 100% of shares in LinkShare Corporation through Rakuten USA Inc. to spearhead global internet. In 2008, Rakuten Inc. and “President Chain Store” establish a joint venture to start a Taiwan-based internet shopping mall business: Rakuten Ichiba Taiwan. In 2010, Rakuten, Inc. announced the acquisition of PriceMinister S.A, the most visited e-mmerce site in France.
  • 4. Outline Rakuten Founging 1997. President Hiroshi Mikitani Some 10000 employees worldwide. Rakuten ranks amongst the top 10 Internet Companies in the world.
  • 5. Rakuten Besiness E-Commerce Marketplace managing Japan's largest online retail marketplace. Credit and Payments, offering personal consumer credit services including consumer loan card payment and loans. Portal and Media, managing portal sites – which act as the gateway to the internet – and performing other services.
  • 6. Rakuten Besiness Travel, operating hotel booking and other travel- related websites and prividing other service. Securities, providing services such as online securities brokerage Professional Sports, managing a professional baseball team.
  • 7. International Rakuten Rakuten doesn't become proficient in English in two years' time will be fired. The move is part of the web company's efforts to go global. Rakuten intends to conduct all executive meeting in English. The decision is generated strong reaction strong elsewhere in Japan business world.
  • 8. International Rakuten The implication is the high-ranking employees would be fired if they failed to fulfill the new requirement. Some in the business world are also wondering just to what standard of English employees will be held to.
  • 9. Summary Business – E-commerce Marketplace, Credit and Payment, Portal and Media, Travel, Securities, Professional Sports. International Rakuten – Rakuten is becoming to International Language is English.