Sep 9, 2011

[Penn Olson] Rakuten Invests in Russian e-Retailer

Japan’s online retail giant Rakuten just announced that it has invested in, a Russian e-commerce service. According to Rakuten’s statement, Ozon has 5.2 million registered members.
This is not the first time Rakuten has explored the European landscape. readers may recall back in July when we reported about the company’s acquisition of Tradoria, an online shopping site in Germany. Back in 2010, it acquired Price Minister out of France. ...
Penn Olson 9/9/2011 

  • It is a rare case for Rakuten. Not only in France or Germany, but in US, Asia, and Brazil, Rakuten usually acquires or takes major share of local EC sites. 

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