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.
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.
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.
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.
Our parent company Rakuten announced today it has acquired Spanish video-on-demand firm Wuaki.tv. This deals marks Rakuten’s fourth European acquisition and their first one in Spain.
Read more about the deal in this The New Web article.
Last week our parent company Rakuten made a major investment in social bookmarking website Pinterest. The deal received a tremendous amount of media coverage, generating more than 250 articles in the days following the announcement.
Our CEO Michael Jaconi, who also serves as an Executive Officer for Rakuten, was a key member of the core team responsible for facilitating this partnership. Below are a few of the articles where Michael describes how the deal came together and why Rakuten was so interested in Pinterest.
Direct Marketing News
Des Moines Register
Today our parent company Rakuten announced that it has led a $100M investment in social bookmarking site Pinterest.
You can read the official press release from Rakuten here.
Also, check out some of the media coverage for this major announcement:
Wall Street Journal
New York Times
Our parent company Rakuten has been featured in the news recently for several exciting developments. Here are a few.
In the May issue of the Harvard Business Review Rakuten’s “Englishnization Project” is examined as a model for why global corporations should consider establishing a standard of having English as the primary language for all business activities.
TechCrunch reported last week that Rakuten led a $10.1 million funding of e-commerce site AHAlife. The site is a destination for hard-to-find and exclusive luxury lifestyle products.
We’ve made it to the top. The top of Japan’s Mount Tanigawa, that is!
FreeCause leadership took off to Japan this month to join leaders from Rakuten and a growing number of international sister companies including Buy.com and France’s Priceminister.com. Along with touring Tokyo and meeting with business leaders, Hiroto, Justin, and Mike spent a few hours hiking up Mount Tanigawa as a team-building exercise! They returned to Boston both inspired by the success stories of Rakuten’s business model worldwide and loyal to its continued implementation at FreeCause!
How they made it to the top of the mountain, we’ll never know…but we have pictures to prove it!