Shares of Japanese tech giant Rakuten jump 20% after stake sale to Walmart, Tencent - CNBC2021-03-15-1615810767

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Shares of Japanese tech giant Rakuten jump 20% after stake sale to Walmart, Tencent - CNBC2021-03-15-1615810767
## Shares of Japanese tech giant Rakuten jump 20% after stake sale to Walmart, Tencent - CNBC

<center>https://image.cnbcfm.com/api/v1/image/106853706-1615775996777-gettyimages-1127929684-P_Freire_27022019-DSCF0229.jpeg?v=1615775693</center>

<center>**Click here to read source article from [CNBC](https://www.cnbc.com/2021/03/15/rakuten-shares-jump-after-stake-sale-to-japan-post-tencent-walmart.html)**</center>

### Summary
Rakuten said it will raise $2.2 billion in capital by issuing new shares to Japan Post, Tencent and Walmart.

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