Rakuten Acquires Alpha Direct Services

Posted by tom on November 7, 2012 under Rakuten | Be the First to Comment

Our parent company Rakuten announced today the acquisition of e-commerce logistics business Alpha Direct Services, further providing business services for Rakuten’s global e-commerce marketplaces.

Hiroshi Mikitani, Chairman and CEO of Rakuten, explained the strategy behind the acquisition: “Speed and quality of delivery is at the heart of any solid e-commerce proposition and ADS will give us a logistics stronghold in Europe, which will further empower merchants using Rakuten’s marketplaces, as well as supporting future marketplaces.”

You can read about the acquisition in the official press release.

Rakuten in the News – Daily Grommet

Posted by tom on September 17, 2012 under Rakuten | Be the First to Comment

As reported in AllThingsD today, our parent company Rakuten is the lead investor in a Series B round of funding for online marketplace Daily Grommet.

Daily Grommet, whose motto is “fresh finds, true stories”, each day features a new product and the story behind its origin. The site utilizes video, social, and discovery tools to connect consumers with smaller retailers.

Daily Grommet is Rakuten’s second recent investment in US online companies, having led a major round of funding in May for social bookmarking website Pinterest.

Rakuten Named to Forbes Most Innovative Companies List

Posted by tom on September 6, 2012 under Rakuten | Be the First to Comment

Our parent company Rakuten was recently named to Forbes “World’s Most Innovative Companies” list!

Rakuten placed higher on the list than other major brands including Google, Apple, SAP, General Electric, and Procter & Gamble.

FreeCause in the News – Pinterest Investment

Posted by tom on June 14, 2012 under Company News, Rakuten | Be the First to Comment

This Loyalty 360 article is the latest to feature our CEO Michael Jaconi and his role in helping bring together our parent company Rakuten and social bookmarking website Pinterest in one of the most highly sought-after VC deals in several years. Jaconi describes his role and why Rakuten was so interested in partnering with Pinterest.