Wal-Mart Has a New Ally in Fight With Amazon: Japan’s Rakuten US/Asia Partnership

[MISTERCHEAP]

The two companies said Thursday they would form a joint venture to sell online groceries in Japan and work together to sell e-books and audiobooks in the U.S.

Sarah Nassauer and Mayumi Negishi  /  Business

Wal-Mart Has a New Ally in Fight With Amazon: Japan’s Rakuten

Wal-Mart Stores is joining with Japan’s largest online retailer Rakuten to bolster its efforts to compete with Amazon.com in both Asia and the U.S.