TOKYO, June 26 The chief executives of Japanese
e-commerce firm Rakuten Inc and Malaysia's AirAsia Bhd
will hold a news conference in Tokyo on July 1 to
announce a tie-up in the Japanese low-cost carrier market, the
Nikkei business daily said on Thursday.
Rakuten's Hiroshi Mikitani and AirAsia's Tony Fernandes are
set to announce plans to start operations next year, with a
stake of up to one-third each in the venture, the paper said in
its online edition.
(Reporting by Chang-Ran Kim; Editing by Chris Gallagher)