297
Fashion Jobs
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
By
Reuters
Published
Apr 10, 2018
Download
Download the article
Print
Text size

Rakuten gets government approval for wireless operations

By
Reuters
Published
Apr 10, 2018

Rakuten Inc said on Monday it won government approval to offer mobile services as the Japanese e-commerce company expands its business into a market dominated by three major carriers.


Reuters


Rakuten, which has also entered new areas such as online securities trading, aims to start offering mobile services in October 2019.

The government hopes a new entrant will intensify competition in a market led by NTT DoCoMo Inc, KDDI Corp and SoftBank Group Corp.

The last serious attempt by a Japanese company to break into their ranks was by eMobile, which entered the market in 2007. It gained four million subscribers before it was bought by SoftBank in 2013.

Rakuten is aiming to secure at least 15 million subscribers. By comparison, No. 3 carrier SoftBank has about 39 million subscribers.

In 2017, the Japanese online retail and services giant reported a 187.8% boom in its net profit during the full year, reaching 110.58 billion yen (830 million euros), thanks to good operational performances and exceptional gains made through its investment portfolio.

For 2018, Rakuten said it is aiming for "double-figure" growth in revenues, and is discounting operations relative to its financial services, which are highly dependent on market changes.

As for e-commerce, the group said it intends to continue growing its business, both in terms of volume and value, notably through bolstering sales of goods and services on mobiles and tablets. 

Additional reporting by Benjamin Fitzgerald

© Thomson Reuters 2024 All rights reserved.