Rakuten

About

Rakuten is a provider of e-commerce, fintech, digital content, and communications products and services.

Tokyo,Tokyo,Japan
10001 - max
http://global.rakuten.com

Highlights

Details

Last Funding Type: Post-IPO Equity
Industries: E-Commerce,Electronics,FinTech,Internet,Payments
Founded date: Feb 7, 1997
Number Of Employee: 10001 - max
Operating Status: Active
Stock Symbol: tyo:4755
Legal Name: Rakuten, Inc.
Also Known As: Rakuten Global Market,MDM Inc.,楽天

Rakuten is a tech company that offers electronic commerce solutions in Japan and internationally. The company operates in three segments such as internet services, finance services, and others.

The internet services segment comprises businesses running various e-commerce sites, including Rakuten Ichiba, an internet shopping mall; travel booking sites; portal sites; and e-book businesses as well as businesses for advertising and sale of contents and similar on these sites.

Its offerings include e-reading, online travel reservations, online auctions, online marketing, online golf course reservations, portal sites, search engines, integrated internet marketing, online recipe posting and browsing, student recruiting community, online purchase of discount coupons, online shopping, and video on demand services. It is involved in the online sale of books, CDs, and DVDs.

The internet finance segment is engaged in providing services related to banking and securities, credit cards, life insurance, and electronic money. This segment provides credit card payment, internet banking, online brokerage, online comprehensive insurance, and face-to-face and online life insurance services as well as credit card transactions on smartphones and tablets.

The other segments are involved in the provision of communications services such as next-generation LTE-compatible mobile data communication, telecommunications, internet connection and corporate mobile phone services, and management of a professional baseball team.

The company was formerly known as MDM, Inc. and changed its name to Rakuten, Inc. in June 1999. Rakuten, Inc. was founded in 1997 and is headquartered in Tokyo, Japan.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

¥242B $42.40M

Rakuten has raised a total of ¥242B $42.40M in funding over 2 rounds. Their latest funding was raised on Mar 12, 2021 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 12, 2021	Post-IPO Equity	¥242B	3	Japan Post Holdings	—	Detail
Apr 14, 2010	Post-IPO Equity	—	1	—	—	Detail
Apr 18, 2006	Post-IPO Equity	$42.40M	1	—	—	Detail
Apr 21, 2000	IPO	—	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

72

38

Rakuten has made 72 investments. Their most recent investment was on Nov 17, 2021, when QuEra Computing raised $17M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 17, 2021 QuEra Computing	Series Unknown	$17M	Consumer Research	Yes
Jun 2, 2021 AWL	Series B	¥2B	Artificial Intelligence	Yes
Apr 7, 2021 AST SpaceMobile	Post-IPO Equity	$230M	Information Technology	—
Mar 24, 2021 XDEFI Wallet	Seed	$1.20M	Cryptocurrency	—
Mar 12, 2020 ShopBack	Series B	$30M	E-Commerce	—

Investors

Number of Lead Investors

Number of Investors

1

5

Rakuten is funded by 5 investors. Japan Post Holdings and Tencent are the most recent investors.

Investor Name	Lead Investor	Funding Round
Japan Post Holdings	Yes	Post-IPO Equity
Tencent	—	Post-IPO Equity
Walmart	—	Post-IPO Equity
MVI (MENA Venture Investments)	—	Post-IPO Equity
Intel Capital	—	Post-IPO Equity

Employee Profiles

Number of Employee Profiles

63

Rakuten has 63 current employee profiles, including Executive Michael King

Executive

Employee

Executive

Executive

Employee

Exits

Rakuten has had 25 exits. Rakuten most notable exits include simplesurance , Azimo

Date	Company Name	Exit Type	Industry
Sep 28, 2022	simplesurance	M&A	E-Commerce	Detail
Mar 28, 2022	Azimo	M&A	Financial Services	Detail
Dec 31, 2021	Glovo	M&A	Delivery Service	Detail
Dec 7, 2021	AirMap	M&A	Aerospace	Detail
Oct 25, 2021	Estmob	M&A	File Sharing	Detail

Acquisition

Rakuten has acquired 36 organizations. Their most recent acquisition was LinkShare Corporation on Feb 1, 2005. They acquired LinkShare Corporation for 0.

Date Company Name	Industry	Acquisition Type	Price
Feb 1, 2005 LinkShare Corporation	Advertising	—	—	Detail
Sep 5, 2005 Rakuten Affiliate Network	Ad Network	—	$ 425M	Detail
Mar 18, 2010 eBank	Banking	—	—	Detail
May 20, 2010 Buy.com	Consumer Electronics	—	—	Detail
Jun 17, 2010 Rakuten France	E-Commerce	—	€ 200M	Detail