The founder of Rakuten said in a letter addressed to Ukraine’s president that the donation will go toward "humanitarian activities to help people in Ukraine who are victims of the violence."
Highlights
- Japan’s Rakuten founder will donate $8.7 million to Ukraine to help victims of Russia’s invasion of Ukraine.
- Japan has also imposed sanctions against Russia and imposed a host of other countries.
- The sanctions include freezing assets and banning key exports to Russia’s military.
- Japan says it will donate the money to help the victims of the Russian invasion of eastern Ukraine and will use it to help others in the country’s war zone.
- In a letter to the president of Ukraine’s president, the founder of Rakuten Group said he hopes that Russia and Ukraine can resolve the issue peacefully and that the country can have peace again as soon as possible, he said.