Japan’s e-commerce giant Rakuten announced today that it would acquire U.S.-based e-commerce portal Buy.com for USD250M. Buy.com will be a subsidiary wholly owned by Rakuten next month. Buy.com has 14 million consumers and more than 1,000 stores in North America. Rakuten is running e-commerce business in Taiwan[C] and Thailand[TH], and also preparing for launching… Continue reading Rakuten To Go Global By Acquiring Buy.com for USD250M