June is barely over, but Rakuten has already had a busy year. In addition to purchasing messaging app Viber for $900 million, the Japanese consumer Internet conglomerate also made investments in several companies based in Southeast Asia or Japan, including Carousell, Visenze, Coda Payments, and Send Anywhere, from its $10 million fund dedicated to the region.
Now Rakuten is eyeing companies in the rest of the world with the launch of its new $100 million global investment fund, which will focus on startups in Israel, the U.S., and the Asia Pacific region. ...continue reading ...
TechCrunch 6/30/2014 [en]
memo
- Rakuten has acquired many companies in the last several years. The new fund may enable it to find the targets broader and deeper.