Japanese electronic commerce and online retailing company Rakuten, based in Tokyo, plans to double its workforce in India to 2,000 within two years at its Bangalore-based unit, Rakuten India Enterprise. Despite the company's online shopping platform not being available in India, the algorithms that power the $37 billion business in...
IT Centers of Global Retailers Clock Robust Growth in India for 2018
Captive technology centers of global retailers in India such as Target, Rakuten, Lowe's and JC Penney, grew in the double-digit range in FY18, as retailers continued to move work in-house to their own offshore centers. JC Penney Services India FY18 revenue grew 154% to $27 million, according to regulatory filings...