Rakuten (JP:4755) has released an update.
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Rakuten Group, Inc. is set to record an extraordinary gain of approximately 100 billion yen through an intra-group share transfer of its subsidiary, Viber Media S.à r.l, to Rakuten Asia Pte. Ltd. This strategic move aims to boost Rakuten Viber’s expansion in the Asian market while having minimal impact on the consolidated financial results.
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