JAPAN’S E-COMMERCE GIANT RAKUTEN MAKES MULTI-MILLION DOLLAR BET ON AI TO REVOLUTIONIZE LUXURY ONLINE SHOPPING
Rakuten, Japan’s largest e-commerce company, is making a major push into artificial intelligence (AI) as it seeks to drive sales growth in the country’s lucrative but lagging online luxury market. The company’s head of fashion, Ryo Matsumura, believes that its recent investments in semantic search and other AI features will be key to unlocking the…