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Online mall operator Rakuten hikes stake in TBS to 19.09%

TOKYO, Japan - Hiroshi Mikitani, president of Internet shopping mall operator Rakuten Inc., speaks at a news conference at a Tokyo hotel on Oct. 26. He said his firm spent 111 billion yen to raise its stake in Tokyo Broadcasting System Inc. to 19.09 percent.

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Online mall operator Rakuten hikes stake in TBS to 19.09%

TOKYO, Japan - Hirsohi Inoue, president of Tokyo Broadcasting System Inc., speaks to reporters at the TBS head office in Tokyo on Oct. 26 after Rakuten Inc. acquired a 19.09 percent stake in TBS.

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Online mall operator Rakuten hikes stake in TBS to 19.09%

TOKYO, Japan - Hirsohi Inoue, president of Tokyo Broadcasting System Inc., speaks to reporters at the TBS head office in Tokyo on Oct. 26 after Rakuten Inc. acquired a 19.09 percent stake in TBS. (Kyodo)

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Online mall operator Rakuten hikes stake in TBS to 19.09%

TOKYO, Japan - Hiroshi Mikitani, president of Internet shopping mall operator Rakuten Inc., speaks at a news conference at a Tokyo hotel on Oct. 26. He said his firm spent 111 billion yen to raise its stake in Tokyo Broadcasting System Inc. to 19.09 percent. (Kyodo)