rakuten

  • Rakuten Buys Ebates For $1 Billion

    Rakuten Buys Ebates For $1 Billion

    Rumors have been swirling around Japan’s Rakuten, which has been in discussions with rebate website operator Ebates.com, regarding a potential acquisition deal. That deal has now gone through, as the company announced today it has agreed to acquire Ebates for $1 billion. That’s roughly what Rakuten paid to acquire mobile messaging app Viber back in February. Read More

  • Japanese E-Commerce Giant Rakuten Launches $100M Global Investment Fund

    Japanese E-Commerce Giant Rakuten Launches $100M Global Investment Fund

    Rakuten is eyeing companies beyond Japan with the launch of its new $100 million global investment fund, which will focus on startups in Israel, the U.S., and the Asia Pacific region. Read More

  • Viber Hits 100 Million Concurrent Users

    Viber Hits 100 Million Concurrent Users

    Viber, the VoIP and messaging app recently acquired by Rakuten for $900 million, has today announced that it has crossed 100 million concurrent active users. Thus far, Viber has only ever released metrics around registered users, but as we all know, there’s a big difference between registered users and active monthly or daily users. As of now, Viber has 350 million unique registered… Read More

  • Viki To Launch In Japan, 5 Months After Acquisition By Rakuten

    Viki To Launch In Japan, 5 Months After Acquisition By Rakuten

    Viki, a streaming video platform that crowdsources translated subtitles, will launch a beta version of its site for Japanese viewers tomorrow. The announcement comes five months after Tokyo-based Rakuten paid a reported $200 million for Viki, which is based in Singapore. Read More

  • Image Recognition Startup ViSenze Gets $3.5M From Rakuten Ventures

    Image Recognition Startup ViSenze Gets $3.5M From Rakuten Ventures

    It’s been a very busy week for Rakuten as it seeks to take over the Internet. Earlier today the Tokyo-based online services giant announced the opening of its first R&D center in Europe. Just last week, Rakuten disclosed that it will acquire messaging app Viber for a cool $900 million. Now ViSenze, a Singapore-based image recognition startup, has announced that it received a $3.5… Read More

  • Rakuten Opens Its First European R&D Center In Paris

    Rakuten Opens Its First European R&D Center In Paris

    Rakuten, the Japan-based Internet services company, opened its first European research and development center in Paris today. Called the Rakuten Institute of Technology, this is Rakuten’s third R&D center in the world. The other two are in Tokyo, with 40 employees, and New York, with 10. Rakuten’s Paris R&D center will combine with its big data group there, adding a total of… Read More

  • Japanese Internet Giant Rakuten Acquires Viber For $900M

    Japanese Internet Giant Rakuten Acquires Viber For $900M

    Rakuten, one of Japan’s largest Internet companies, has announced that it will acquire Cyprus-based messaging platform and app maker Viber for $900 million. The deal is the latest and largest in an aggressive acquisition spree by Rakuten as it seeks to “become the world’s No. 1 Internet services company,” it said, and marks its entry into the global messaging market. Read More

  • Amazon Japan Launches Instant Video Service

    Amazon Japan Launches Instant Video Service

    Amazon Japan has launched its Instant Video online platform, with more than 26,000 imported and local films and TV shows for streaming or download. Amazon’s decision to enter the online video market in Japan is interesting for two reasons. For starters, it is entering an already crowded marketplace with several major local competitors. It’s also another sign that the… Read More

  • Marketplace App Carousell Raises $800K Seed Round Led By Rakuten

    Marketplace App Carousell Raises $800K Seed Round Led By Rakuten

    Carousell, a Singapore-based consumer-to-consumer marketplace app for iOS and Android, has raised a $1 million SGD (about $800,000 USD) seed round led by Rakuten. Other investors include Golden Gate Ventures, 500 Startups, Danny Oei Wirianto and Darius Cheung. The startup will use its funding to expand into Indonesia and Malaysia before tackling other Southeast Asian markets. Read More

  • Pinterest Launches Japanese Version 18 Months After Rakuten Investment

    Pinterest Launches Japanese Version 18 Months After Rakuten Investment

    The Japanese version of Pinterest is now live as the site ramps up its global expansion. The launch comes 18 months after Japanese e-commerce giant Rakuten became an investor in Pinterest. For the first time ever, with Japanese Pinterest, Rakuten login is available on a non-Rakuten product. Japanese users can log onto the site using Rakuten Connect, its version of Facebook Connect which… Read More