CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
A screen shot of Rakuten online store. [Photo: global.rakuten.com] Rakuten, Japan's e-commerce market leader, and JD.com, China's leading direct online sales company, on Wednesday announced the signing of an agreement to establish a ...
Tags: online store, Rakuten, e-commerce
Rakuten.co.uk will launch this October and Play.com will close in March 2015. Online retailer Rakuten has revealed its plans to launch a new UK website this year and close its Play.com site in 2015. The Japanese firm bought Play.com in ...
The latest publication of Hamburg-based secondary research organization yStats.com, “Malaysia B2C E-Commerce Market 2014“, reports that Malaysia has one of the best developed infrastructures for B2C E-Commerce in South East ...
Tags: Malaysia, Apparel, Accessories
Hamburg-based secondary research organization yStats.com reports in its latest publication, "Asia-Pacific M-Commerce Snapshot 2014", that growing adoption of smartphones and tablet computers is changing the way people shop online. ...
Tags: Asia-Pacific, E-Commerce
A new report by Hamburg-based secondary research organization yStats.com, “Global M-Commerce 2014: Smartphones and Tablets“, covers the latest trends and developments in mobile shopping. Yücel Yelken, CEO of yStats.com ...
Orders made on or before the 23rd of December 2013 will be delivered in time for Christmas day Rakuten's Play.com has revealed that a range of the marketplace's merchants are offering last minute delivery on certain toy ranges. Orders ...
Tags: Christmas Toys, Toys
Rakuten LinkShare announced strong third quarter results in its global performance marketing network. Along with double-digit growth, the affiliate network reported a significant increase in the percentage of sales transacted on mobile ...
Tags: Rakuten LinkShare, mobile devices
Rakuten, Japan's largest online retailer, is acquiring a U.S. logistics firm as it continues to build out its infrastructure to compete with foreign rivals like Amazon.com. The company said Thursday it will acquire Webgistix, which ...
Understanding local markets, putting customers at the centre of business and strengthening competitive advantage are key success factors for retailers in the burgeoning Asian markets, said speakers at the recent World Retail Congress Asia ...
Tags: Retail Congress, Apparel
Visitors to what used to be Buy.com will see a few changes on the front page this week -- including a pronunciation guide for its new name. The site is now branded "Rakuten," after Japan's largest e-commerce firm, a massive online ...
Tags: Buy.com, Rakuten, e-commerce
The secondary sale investment follows after Rakuten led a $100m round last year. According to TechCrunch, the funds from SV Angel will be put towards buying secondary shares in Pinterest. SV angel co-founder, David Lee, told TechCrunch ...
Tags: secondary shares, Pinterest, investment
Baby specialist Kiddicare has hired Joe McManus as Branded Toys Buyer. He joins the team from Rakuten Play.com where he spent two years in the buying team, with a focus on toys. McManus previously held positions at Tesco and JD ...
Tags: Kiddicare, Joe McManus, Branded Toys Buyer
Kobo Inc., a global leader in eReading with more than 10-million registered users, recently announced the entry of two new Kobo eReaders for the Japanese market: the Kobo Glo and the Kobo Mini. The highly-rated Kobo Glo front-lit eReader is ...
Tags: Kobo, eReading, Kobo eReaders, Japanese market