{"id":8545,"date":"2010-05-20T20:41:11","date_gmt":"2010-05-20T11:41:11","guid":{"rendered":"http:\/\/asiajin.com\/blog\/?p=8545"},"modified":"2010-05-20T20:41:11","modified_gmt":"2010-05-20T11:41:11","slug":"rakuten-to-go-global-by-acquiring-buy-com-for-usd250m","status":"publish","type":"post","link":"https:\/\/asiajin.com\/blog\/2010\/05\/rakuten-to-go-global-by-acquiring-buy-com-for-usd250m\/","title":{"rendered":"Rakuten To Go Global By Acquiring Buy.com for USD250M"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Rakuten's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/01\/rakuten.gif\" alt=\"\" width=\"100\" height=\"47\" \/><a href=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2010\/05\/buy.com_logo.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8546\" title=\"Buy.com's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2010\/05\/buy.com_logo.gif\" alt=\"\" width=\"128\" height=\"37\" \/><\/a><br \/>\nJapan&#8217;s e-commerce giant <a href=\"http:\/\/corp.rakuten.co.jp\/en\/ir\/\">Rakuten<\/a> announced today that it would acquire U.S.-based e-commerce portal <a href=\"http:\/\/www.buy.com\/\">Buy.com<\/a> for USD250M.\u00a0\u00a0 Buy.com will be a subsidiary wholly owned by Rakuten next month.<br \/>\nBuy.com has 14 million consumers and more than 1,000 stores in North America. \u00a0 Rakuten is running e-commerce business in <a href=\"http:\/\/www.rakuten.com.tw\/\">Taiwan[C]<\/a> and <a href=\"http:\/\/www.tarad.com\/\">Thailand[TH]<\/a>, and also preparing for launching a joint venture company with <a href=\"http:\/\/www.baidu.com\/\">Baidu<\/a> in Mainland China(refer to <a href=\"http:\/\/asiajin.com\/blog\/2010\/01\/27\/rakuten-allies-with-baidu-to-promote-their-e-commerce-business-in-mainland-china\/\">this Akky&#8217;s story<\/a> for more).<br \/>\nRakuten&#8217;s CEO Hiroshi Mikitani announced this week that they had switched their official internal language to English, which is aimed at accelerating their globalization.\u00a0\u00a0 The company will also set up R&amp;D facilities in Beijing(China), Pune(India&#8217;s academic city near Mumbai) and New York City in a few months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s e-commerce giant Rakuten announced today that it would acquire U.S.-based e-commerce portal Buy.com for USD250M.\u00a0\u00a0 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. \u00a0 Rakuten is running e-commerce business in Taiwan[C] and Thailand[TH], and also preparing for launching&hellip; <a class=\"more-link\" href=\"https:\/\/asiajin.com\/blog\/2010\/05\/rakuten-to-go-global-by-acquiring-buy-com-for-usd250m\/\">Continue reading <span class=\"screen-reader-text\">Rakuten To Go Global By Acquiring Buy.com for USD250M<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[9,17,24],"tags":[528,3047],"class_list":["post-8545","post","type-post","status-publish","format-standard","hentry","category-company","category-japan","category-news","tag-buy-com","tag-rakuten","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/8545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/comments?post=8545"}],"version-history":[{"count":0,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/8545\/revisions"}],"wp:attachment":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/media?parent=8545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/categories?post=8545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/tags?post=8545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}