Tuesday, September 9, 2014

Japan’s Rakuten buys cash-back web firm Ebates for $1BN

The Japanese e-commerce giant Rakuten is shelling out $1 billion for the U.S. cash-back site Ebates, a 15-year-old business that claims 2.5 million active members and 2,600 merchants in its network. According to a Tuesday statement from the ivory trader (at least it’s not selling whale […]

Japan’s Rakuten buys cash-back web firm Ebates for $1BN originally published by Gigaom, © copyright 2014.


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from Gigaom http://gigaom.com/2014/09/09/japans-rakuten-buys-cash-back-web-firm-ebates-for-1bn/

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