Rakuten is a provider of e-commerce, fintech, digital content, and communications products and services.
Rakuten is a tech company that offers electronic commerce solutions in Japan and internationally. The company operates in three segments such as internet services, finance services, and others.
The internet services segment comprises businesses running various e-commerce sites, including Rakuten Ichiba, an internet shopping mall; travel booking sites; portal sites; and e-book businesses as well as businesses for advertising and sale of contents and similar on these sites.
Its offerings include e-reading, online travel reservations, online auctions, online marketing, online golf course reservations, portal sites, search engines, integrated internet marketing, online recipe posting and browsing, student recruiting community, online purchase of discount coupons, online shopping, and video on demand services. It is involved in the online sale of books, CDs, and DVDs.
The internet finance segment is engaged in providing services related to banking and securities, credit cards, life insurance, and electronic money. This segment provides credit card payment, internet banking, online brokerage, online comprehensive insurance, and face-to-face and online life insurance services as well as credit card transactions on smartphones and tablets.
The other segments are involved in the provision of communications services such as next-generation LTE-compatible mobile data communication, telecommunications, internet connection and corporate mobile phone services, and management of a professional baseball team.
The company was formerly known as MDM, Inc. and changed its name to Rakuten, Inc. in June 1999. Rakuten, Inc. was founded in 1997 and is headquartered in Tokyo, Japan.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 12, 2021 | Post-IPO Equity | ¥242B | 3 | Japan Post Holdings | — | Detail |
Apr 14, 2010 | Post-IPO Equity | — | 1 | — | — | Detail |
Apr 18, 2006 | Post-IPO Equity | $42.40M | 1 | — | — | Detail |
Apr 21, 2000 | IPO | — | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Nov 17, 2021
QuEra Computing
|
Series Unknown | $17M | Consumer Research | Yes |
Jun 2, 2021
AWL
|
Series B | ¥2B | Artificial Intelligence | Yes |
Apr 7, 2021
AST SpaceMobile
|
Post-IPO Equity | $230M | Information Technology | — |
Mar 24, 2021
XDEFI Wallet
|
Seed | $1.20M | Cryptocurrency | — |
Mar 12, 2020
ShopBack
|
Series B | $30M | E-Commerce | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Japan Post Holdings | Yes | Post-IPO Equity |
Tencent | — | Post-IPO Equity |
Walmart | — | Post-IPO Equity |
MVI (MENA Venture Investments) | — | Post-IPO Equity |
Intel Capital | — | Post-IPO Equity |
Rakuten has had 25 exits. Rakuten most notable exits include simplesurance , Azimo
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Sep 28, 2022 | simplesurance | M&A | E-Commerce | Detail |
Mar 28, 2022 | Azimo | M&A | Financial Services | Detail |
Dec 31, 2021 | Glovo | M&A | Delivery Service | Detail |
Dec 7, 2021 | AirMap | M&A | Aerospace | Detail |
Oct 25, 2021 | Estmob | M&A | File Sharing | Detail |
Rakuten has acquired 36 organizations. Their most recent acquisition was LinkShare Corporation on Feb 1, 2005. They acquired LinkShare Corporation for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Feb 1, 2005
LinkShare Corporation
|
Advertising | — | — | Detail |
Sep 5, 2005
Rakuten Affiliate Network
|
Ad Network | — | $ 425M | Detail |
Mar 18, 2010
eBank
|
Banking | — | — | Detail |
May 20, 2010
Buy.com
|
Consumer Electronics | — | — | Detail |
Jun 17, 2010
Rakuten France
|
E-Commerce | — | € 200M | Detail |