The digital Walmart store on Rakuten Ichiba is part of a strategic alliance between Walmart and Rakuten announced in January this year. The two companies are leveraging their unique strengths and assets to expand consumer reach and enhance the way customers are served in Japan and the U.S.
In October, Rakuten and Seiyu jointly officially opened the Rakuten Seiyu Netsuper. This new online grocery delivery service leverages Seiyu’s extensive experience in the local fresh food and grocery segments to bring greater convenience to Rakuten’s roughly 99 million-strong membership base.
In addition, Walmart eBooks by Rakuten Kobo was launched in August of this year to give Walmart customers in the U.S. access to a comprehensive catalog of more than 6 million eBooks and audiobooks, as well as the Kobo eReader and a co-branded free reading app for iOS and Android devices.
Rakuten, Inc. (TSE: 4755) is a global leader in internet services that empower individuals, communities, businesses and society. Founded in Tokyo in 1997 as an online marketplace, Rakuten has expanded to offer services in eCommerce, fintech, digital content and communications to more than 1.2 billion members around the world. The Rakuten Group has over 16,000 employees, and operations in 30 countries and regions. For more information visit https://global.rakuten.com/corp/.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 265 million customers and members visit our more than 11,200 stores under 55 banners in 27 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
Seiyu operates retail chain stores nationwide from Hokkaido to Kyushu, selling fresh food, groceries, apparel, general merchandise and other products. We are striving to deliver our customers “Our Promise”: Offering everyday needs at unbeatable prices at the quality they want through the channel they prefer to shop, such as stores, and online grocery delivery service, which provides them with highly valuable shopping experience of key attributes for differentiation: “Price Leadership”, “Quality and Freshness”, “Product Assortment” and “Convenience”. Fully leveraging the global network and creditworthiness of our parent company, Walmart, Inc., we will actively develop attractive sales floors to better suit the preference and needs of Japanese customers.