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Rakuten

Rakuten

Rakuten is a tech company that offers electronic commerce solutions in Japan and internationally.

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Timeline

March 12, 2021
Rakuten announces that it plans to raise a total of JPY 242.3 billion (around $2.2 billion) by issuing new shares to investors including Tencent, Japan Post Holdings, and US retail giant Walmart.
2010
Rakuten buys Buy.com for $250M in an attempt to expand its retail business out of its stronghold of Japan.
April 18, 2006
Rakuten raises a $42,400,000 venture round from Intel Capital.

Funding rounds

Acquisitions

Invested in

Patents

People

Name
Role
LinkedIn

Aravinda Seshadri

Attorney

Jonathan Burke

Investor

Jonathan Levine

Investor

Rahul Mewawalla

Investor

RC Williams

Advisor

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Wei Sheng
April 15, 2021
TechNode
Chinese tech companies' overseas investment activity, including the 3.4% stake Tencent bought from Rakuten, is facing increasing scrutiny.
YURI KAGEYAMA AP Business Writer
March 12, 2021
ABC News
Japan's giant postal system says it is investing about $1.4 billion, for an 8% stake in the e-commerce venture Rakuten to strengthen a partnership in deliveries, fintech and other areas
Rakuten Americas
January 12, 2021
www.prnewswire.com:443
/PRNewswire/ -- Rakuten-owned Cartera is partnering with Bumped, the company that powers an ownership economy by creating a simple but powerful entry point to...
Rakuten Americas
December 8, 2020
www.prnewswire.com:443
/PRNewswire/ -- Google Pay users can now earn Cash Back on card-linked offers for both online and in-store purchases at leading retail and dining locations...
Catherine Shu
November 16, 2020
TechCrunch
Walmart announced today it will sell most of its shares in Seiyu, the Japanese supermarket chain it acquired 12 years ago, to KKR and Rakuten. The deal values Seiyu at about $1.6 billion and means Walmart will almost completely exit its operations in Japan. Under the agreement, investment firm KKR will buy a 65% stake [...]
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References

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