Rakuten To Buy Ebates For $1 Billion In Cash

Rakuten To Buy Ebates For $1 Billion In Cash


Japan’s Rakuten Inc. has confirmed it will acquire San Francisco-based Ebates Inc. for roughly $1 billion in cash.



The acquisition will bring 2.5 million new customers to Rakuten, which among other ventures, operates a retail marketplace site in the U.S, Rakuten Shopping. That site was previously known as Buy.com when the company purchased it in 2010.


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  • 19 September, 2014
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