Japan Post Holdings Co. Ltd. (JPH), Rakuten Inc. and Japan Post Co. Ltd. recently signed a business alliance agreement to strengthen their collaborations across a range of fields, including logistics, mobile and digital transformation. The first two groups also signed a separate agreement for allotting shares through an investment in Rakuten by JPH aimed at strengthening ties between the two.
With a solid foundation built on a nationwide chain of post offices and a shipping network that covers all of Japan, the Japan Post Group serves as an essential part of social infrastructure for daily life. The Rakuten Group provides a portfolio of more than 70 services to more than 100 million members in Japan.Japan Post Holdings (JPH), Rakuten and Japan Post have signed a business alliance agreement to strengthen their collaborations across a range of fields, including logistics and digital transformation. The first two groups also signed a separate agreement for allotting shares through an investment in Rakuten by JPH aimed at strengthening ties between the two.#
Through this new capital and business alliance, the Japan Post Group and the Rakuten Group will seek to maximise synergies by effectively leveraging the business resources and expertise of both groups to provide greater convenience for customers, give back to local communities, and grow their businesses, a press release by the companies said.
Both Groups will continue to explore the broader potential for deepening their collaborative relationship. They will consider business alliance collaboration on creating shared logistics centres, and delivery and pick-up systems; sharing data; joint commercialisation of digital transformation platform for logistics; joint and expanded usage of Rakuten fulfillment centres and Japan Post’s ‘Yu-Pack’ parcels.
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