Rakuten Group, Inc. chief Hiroshi Mikitani on Friday rebuffed concerns about the outflow of information to China, after a spotlight was shined on the company over receiving an investment from a subsidiary of Chinese tech giant Tencent Holdings Ltd.
The investment has prompted the Japanese and U.S. governments to watch Rakuten's moves closely.
"What's all the fuss about? I don't get it at all," Mikitani, who serves as chairman and chief executive officer of the Rakuten Group, said Friday.
Regarding fears about the possible outflow of information, Mikitani said: "No directors have been dispatched. Tencent has also invested in [U.S. electric car giant] Tesla."
The remarks were made at an event held by Rakuten Mobile, Inc. to mark the launch of its sales of Apple Inc.'s new iPhone models.
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