{"id":77553,"date":"2021-03-15T00:31:54","date_gmt":"2021-03-15T04:31:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77553"},"modified":"2021-03-15T01:00:52","modified_gmt":"2021-03-15T05:00:52","slug":"shares-of-japanese-tech-giant-rakuten-jump-20-after-stake-sale-to-walmart-tencent","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2021\/shares-of-japanese-tech-giant-rakuten-jump-20-after-stake-sale-to-walmart-tencent.html","title":{"rendered":"Shares of Japanese tech giant Rakuten jump 20% after stake sale to Walmart, Tencent"},"content":{"rendered":"\n<p>(CNBC) Shares of Japanese tech giant <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/4755.T-JP\" target=\"_blank\">Rakuten<\/a> jumped 20% on Monday, extending their gains after the company\u2019s announcement that it plans to raise $2.2 billion in order to better compete with its U.S. rivals. <a href=\"https:\/\/www.cnbc.com\/2021\/03\/12\/rakuten-to-raise-2point2-billion-from-walmart-tencent-and-japan-post-.html\">Rakuten said on Friday<\/a> it will sell an 8.3% stake to postal and banking giant <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/6178.T-JP\" target=\"_blank\">Japan Post<\/a>, which will be the biggest shareholder outside of the founding Mikitani family.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/03\/15\/rakuten-shares-jump-after-stake-sale-to-japan-post-tencent-walmart.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Japanese tech giant Rakuten jumped 20% on Monday, extending their gains after the company\u2019s announcement that it plans to raise $2.2 billion in order to better compete with its U.S. rivals. Rakuten said on Friday it will [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77553","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77553"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77553\/revisions"}],"predecessor-version":[{"id":77561,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77553\/revisions\/77561"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}