Rakuten Group, Inc. announced that Rakuten and Gurunavi, Inc. signed a memorandum of understanding regarding revision of the contract on strengthening the capital and business alliance agreed on May 22, 2019. Before this agreement, Rakuten and Gurunavi entered into a capital and business alliance agreement on July 30, 2018. Rakuten and Gurunavi agreed to revise the contents of the business alliance based on the capital and business alliance agreement before the revision, to the terms as below, based on the memorandum of understanding regarding the revision of the capital and business alliance.

Collaboration aiming to expand Gurunavi's online reservations and improve Gurunavi's brand value, such as linking member IDs, granting "Rakuten Super Points" for Gurunavi's online reservations, and improve the convenience of the Gurunavi website utilizing the know-how of Gurunavi and Rakuten, etc. Coordination of sales activities for users and restaurants of the services operated by Rakuten and Gurunavi. Creation of synergies in new business areas (food delivery business, etc).