Rakuten Subsidizes French No.1 E-Commerce Company PriceMinister
Posted on June 17th, 2010 by Akky Akimoto
Rakuten has just announced [J, pdf] that they bought 100% of French E-commerce company PriceMinister S.A.
The purchase is planned to done in July 2010 for 200 million Euro (22.5 billion yen).
Rakuten established their European branch S.a.r.l. in Luxembourg in 2008. That company will handle this acquisition.
Rakuten has been actively adding its oversea companies in USA, Europe(S.a.r.l.), China, Taiwan, Thai and planning to go Indonesia.
Author Information @akky(Akky AKIMOTO) is one of the first pro-bloggers in Japan [J]. He also leads Asiajin, writes for Japan Times, does consultation for foreign companies interested in entering Japanese web market. 
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