Tuesday, March 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Assistant Is Coming To More Connected Devices
Self-assembly Technique Could Solve Miniaturization Chip Making Issues
Prepare For Battle GeForce GTX Bundle Includes For Honor or Tom Clancy's Ghost Recon Wildlands Games
VIZIO's 2017 D-Series Smart TV Collection Includes 4K Ultra HD Support in Select Models
Facebook Attacks Snapchat With New Camera Features
China Tech Giant Tencent Buys 5 Percent Stake In Tesla
Hyundai Motor To Develop Its Own Automotive Chips
Razer "Paid to Play" Initiative to Reward Fans for Playing Games
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Rakuten...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 17, 2012
Rakuten Invests In Pinterest


Rakuten, one of the world's largest online marketplaces, today announced that it is investing $100M in online sharing service Pinterest.

The funding will allow Pinterest to continue improving its service and expanding its community globally. The investment also marks the start of a partnership between Rakuten and Pinterest to help expand in Japan and into Rakuten's 17 other global markets.

Social networking site Pinterest is of Silicon Valley's fastest growing startups. The online scrapbook allows users to "pin" images and follow others.

Hiroshi Mikitani, CEO of Rakuten said: "While some may see e-commerce as a straightforward vending machine-like experience, we believe it is a living process where both retailers and consumers can communicate, discover, and curate to make the experience more entertaining. We see tremendous synergies between Pinterest's vision and Rakuten's model for e-commerce. Rakuten looks forward to introducing Pinterest to the Japanese market as well as other markets around the world."

Ben Silbermann, co-founder and CEO of Pinterest, said: "Our goal is to help people discover things they love, by connecting people through their shared interests. Bringing Rakuten on board gives us an amazing opportunity to move a step closer to this goal."

Rakuten ranks among the top 10 internet companies in the world. Among its numerous online properties, its flagship B2B2C (business-to-business-to-consumer) model e-commerce site Rakuten Ichiba is the largest e-commerce site in Japan and among the world's largest by sales. Its global presence has been reinforced through the acquisitions of online marketplaces Buy.com (US), Priceminister (France), Ikeda (now Rakuten Brasil), Tradoria (now Rakuten Deutschland) and Play.com (UK), and investments in Ozon.ru and AHA Life.


Previous
Next
Toshiba Transfers TV Production Outside japan, Foreasts Profits        All News        UMC Accelerates 28nm Output Capacity To Meet Demand
Time Warner Cable, Viacom Resolve Legal Disputes     General Computing News      UMC Accelerates 28nm Output Capacity To Meet Demand

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .