Tag Archives: rakuten

Rakuten invested 25m EUR in Glovo?

There are some rumours that the Asian ecommerce giant Rakuten with other investors have invested 25m euros in Barcelona-based delivery app Glovo.  Both companies haven’t officially confirmed the investment. Previous big round of 5m euros Glovo raised in August 2016.On-demand delivery app GlovoGlovo is on-demand delivery app which enables that users get items they ordered in less than 1h via self-employed partners called Glovers. Company has been founded in 2015. in Barcelona and is often featured on the list of most promising Spanish apps.  Glovo is currently present in Barcelona, Madrid, Valencia, Zaragoza, Sevilla, Malaga, Milan, Rome and Paris but they will certainly add more cities in the nearest future. In Barcelona and Madrid they operate 24h. 

Rakuten FC Barcelona jersey sponsorship

Rakuten is one of the world’s biggest Internet companies, especially dominant in Asian e-commerce sector. In other parts of the world, for example in Europe, many non-tech people have first time heard about Rakuten when they became jersey sponsor of FC Barcelona. Some other notable investments and acquisitions of Rakuten include Viber, Priceminister etc.

Viber

Rakuten will acquire Viber for 900m USD!

The largest Internet company in Japan Rakuten will acquire Cyprus-based company Viber for 900m USD.

Rakuten is one of the world’s largest e-commerce companies and Viber is one of the most popular free calling services in the world. Rakuten acquisition of Viber is one step closer to reaching their goal of becoming “No. 1 Internet services company”.

Rakuten is well-known for dozen of acquisitions also in Europe, like acquiring French logistic company Alpha Direct Service for enabling same day deliveries in Paris and next-day deliveries across Europe, then Spanish video streaming service Wuaki.tv.  Also invested in global Internet brands such is Pinterest (100m USD) etc.

Rakuten CEO Hiroshi Mikitani said: “I am tremendously excited to welcome Viber to the Rakuten family. Viber delivers the most consistently high quality and convenient messaging and VoIP experience available. Additionally, Viber has introduced a great sticker market and has tremendous potential as a gaming platform.”

Acqusition of Viber is one of the biggest acquisitions in the SEEMEA region.