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Old 01-25-2018, 09:49 PM   #1
GeoffR
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Location: Te Riu-a-Māui
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Walmart and Rakuten Announce New Strategic Alliance

"Wal-Mart Stores, Inc. (NYSE: WMT) president and CEO Doug McMillon and Rakuten, Inc. Chairman, president and CEO Hiroshi “Mickey” Mikitani met in Tokyo today to announce a new strategic alliance that leverages each company’s unique strengths and assets to expand consumer reach and enhance how customers are served in Japan and the U.S."

http://news.kobo.com/press/releases/...tegic-alliance

"In addition, Walmart and Rakuten Kobo Inc. have formed an exclusive retail alliance that will enable Walmart to begin selling eBooks and audiobooks, as well as offer Rakuten Kobo eReaders, in Walmart stores and online at Walmart.com in the United States starting later this year."

Last edited by pdurrant; 01-26-2018 at 07:56 AM. Reason: added first paragraph
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