After Alibaba, Japan’s Rakuten To Enter The Indian E-Commerce Market

Japan’s largest e-commerce company and Viber chat owner Rakuten has opened a business office in Bangalore and plans to to open an online retail platform in India.

The company is appointing midlevel managers from Flipkart and Amazon.

Rakuten had started its development centre in Bangalore in 2014.

Chinese e-commerce Alibaba is also panning to enter in to the Indian market as a standalone entity and run parallel to its investments in existing players such as Paytm and Snapdeal.

[source]

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