FILE PHOTO: A woman pushing a pram walks in front of a Rakuten Cafe store at a shopping district in Tokyo August 4, 2014. Japan’s largest e-commerce company Rakuten Inc posted a 9.9 percent decrease in second quarter operating profit, dragged lower by weaker trading volumes on its Internet finance platform. REUTERS/Yuya Shino
TOKYO (Reuters) – Japan’s Rakuten Inc said on Friday the launch of its 5G services planned for June has been delayed by three months due to disruption caused by the coronavirus outbreak.
Software testing by Rakuten’s Indian vendors has been impacted by a lockdown in place there since March 25, a spokeswoman said.
The delay is the latest setback for Rakuten, which was forced to push back the start of commercial services for its mobile network to April.
Rakuten is trying to carve out a share of a market currently dominated by three competitors, and drive traffic to its ecommerce and financial services.
On Thursday, the firm reported growing operating…
Source Reuters Tech News
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