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.
Funding Rounds (2) - $42.4MUpdate
|Sep 5, 2016||Fablic||Unknown|
|Aug 21, 2016||Bitnet Technologies||Unknown|
|Jul 13, 2015||Fits.me||Unknown|
|Jul 1, 2015||Voyagin||Unknown|
|Mar 20, 2015||Deep Forest Media||Unknown|
|Mar 19, 2015||Overdrive||$410M (terms undisclosed)|
|Sep 8, 2014||Ebates||$1B in Cash|
|Aug 11, 2014||Slice Technologies||Unknown|
|May 29, 2014||DC Storm Limited||Unknown|
|Feb 14, 2014||Viber||$900M (terms undisclosed)|
|Sep, 2016||ViSenze||$10.5M / Series B (Lead)||—|
|Sep, 2016||Blackstorm Labs||$33.5M / Venture||—|
|Aug, 2016||Dexter||$2.3M / Seed (Lead)||—|
|Aug, 2016||Go-Jek||$550M / Private Equity||—|
|Aug, 2016||Carousell||$35M / Series B (Lead)||—|
|Jul, 2016||MakeLeaps||undisclosed amount / Series A (Lead)||—|
|May, 2016||Ripple.Co||$4M / Series A||—|
|May, 2016||Azimo||$15M / Venture (Lead)||—|
|Apr, 2016||Cabify||$120M / Series C (Lead)||Oskar Mielczarek de la Miel|
|Mar, 2016||BizReach||$32.9M / Series A||—|
|Jan, 2016||Estmob, Inc.||$6M / Series A (Lead)||Saemin Ahn|
|Jan, 2016||BlueVine||$40M / Series C||—|
|Dec, 2015||Lyft||$1B / Series F||—|
|Nov, 2015||Lingvist||$8M / Series A (Lead)||—|
|Oct, 2015||Cabify||$12M / Series B (Lead)||—|
|Sep, 2015||AdsNative||$8.5M / Series A (Lead)||—|
|Apr, 2015||Fanli||undisclosed amount / Series C (Lead)||—|
|Apr, 2015||One Signal||$2M / Seed||—|
|Apr, 2015||C Channel||$4M / Seed||—|
|Mar, 2015||Lyft||$530M / Series E (Lead)||Hiroshi Mikitani|
|Nov, 2014||Carousell||$6M / Series A||—|
|Nov, 2014||Pocketmath||$10M / Series A (Lead)||Saemin Ahn|
|Oct, 2014||Bitnet Technologies||$12M / Series A||—|
|May, 2014||Estmob, Inc.||$1M / Seed||Saemin Ahn|
|Feb, 2014||ViSenze||$3.5M / Series A (Lead)||—|
|Dec, 2013||Coda Payments||$2.3M / Series A||—|
|Nov, 2013||Carousell||$800k / Seed||—|
|Jul, 2013||Apcera||$5M / Series A||—|
|Sep, 2012||The Grommet||undisclosed amount / Series B (Lead)||—|
|May, 2012||$100M / Series C (Lead)||—|
|Apr, 2012||AHAlife.com||$10.1M / Series B (Lead)||—|
|Sep, 2011||OZON.ru||$100M / Private Equity||—|
Current Team (42)Update
Founder, President and CEO
Senior Executive Officer
Senior Executive Officer
Executive Vice President and Representative Director
Managing Executive Officer & Director Executive Director of Global Human Resources Department
Executive Vice President & Representative Director Executive Director of Digital Content
Board Members and Advisors (2)Update
|Sep 15, 2016||TechCrunch - Singapore’s ViSenze raises $10.5M to bring the benefits of AI to e-commerce|
|Sep 15, 2016||PRNewswire All - ViSenze, The Global Leader for AI Powered Visual Shopping, Raises US$10.5 Million In Series B Funding|
|Sep 6, 2016||global.rakuten.com - Rakuten Acquires Fablic, provider of C2C Marketplace App “FRIL”|
|Sep 6, 2016||sg.news.yahoo.com - Rakuten acquires Fablic, a Japanese beauty, fashion and motorcycle flea market apps provider|
|Sep 6, 2016||Japan Today - Tech - Rakuten acquires Fablic, provider of C2C marketplace app FRIL|
|Aug 22, 2016||Silicon Angle - Rakuten confirms Bitnet acquisition, will set up a blockchain lab in Belfast|
|Aug 18, 2016||TechCrunch - Rakuten buys struggling bitcoin startup Bitnet to create a ‘blockchain research lab’|
|Aug 17, 2016||TechCrunch - Kobo goes big with its 7.8-inch Aura One e-reader|
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Tokyo, Tokyo 158-0094