Tag: Rakuten

KKR increases majority stake in Seiyu with acquisition of Rakuten shares

KKR, a global investment firm, and Rakuten Group, Inc., (“Rakuten”) announced the signing of definitive agreements under which a fund managed by KKR will purchase Rakuten’s stake in Seiyu (the “Company”), a leading, nationwide supermarket chain in Japan. With this purchase, KKR increases its stake in Seiyu from 65% to 85% Following this transaction, Rakuten…

IBM, Influential launch AI-enabled social targeting solution to help brands identify suitable influencers

IBM announced the launch of Watson Advertising Social Targeting with Influential, a new solution that harnesses artificial intelligence (AI) to help brands identify influencers that best align with their brand values. The new solution within the Watson Advertising suite of targeting products marks an expanded collaboration with Influential, a leader in advanced social media technology. …