Japanese e-commerce giant Rakuten has made another European acquisition after it bought up French logistics firm Alpha Direct Services (ADS) in an undisclosed deal that it says will bolster its global Web retail businesses, which includes France-based PriceMinister – bought in 2010 for $255 million.
The deal, which represents its first investment in a logistics firm outside of its native Japan, is its sixth European acquisition since 2010 and Rakuten says that benefits from ten-year-old ADS’s technologies will soon be felt across Europe, and even wider global markets like Japan. ...The Next Web 11/6/2012 [en]
- Rakuten has acquired local e-commerce sites in many countries in Europe, US, Asia, and South America. It is enhancing the area for acquisition or investment from EC to other related areas such as Kobo, e-book service and device in Canada, Wuaki, video-on-demand in Spain, and Pinterest, social networking.