Ecommerce Industry News
Rakuten is closing its marketplace, according to TechCrunch, and will wind down its operations over the next two months. The Japanese marketplace had acquired Buy.com in 2010 for $250 million and later rebranded it. Rakuten […]
Walmart launched a new offering for shoppers – you can now purchase ebooks on its site thanks to a new partnership with Kobo. In addition to selling individual titles, Walmart is selling an audiobook subscription […]
As the popularity of in-store and curbside pickup is growing, ecommerce giant Rakuten announced it is acquiring Curbside, a service that helps stores and restaurants offer customers “order ahead” service and uses something called “predictive […]
The saying, “the enemy of my enemy is my friend” applies to a new ecommerce alliance announced today between Rakuten and Walmart as they feel the heat from Amazon’s continuing growth. Rakuten went up against […]
Rakuten has acquired Fablic, which operates Japanese marketplace app FRIL. Rakuten calls it a flea market app, but based on a recent profile of the company, it sounds like a Poshmark-Etsy mashup. TechInAsia.com described FRIL as […]
Rakuten is closing its marketplaces in the UK and Spain in a major restructuring move in Europe. The company said it would focus on France and Germany, where its businesses have the scale and potential […]
Marketplace giants eBay and Rakuten are partnering in what the two rivals hope will be a mutually beneficial arrangement. Under the agreement, eBay Korea’s Gmarket will launch a flagship store on Rakuten Ichiba – its […]
Two ecommerce powerhouses are making some noteworthy moves – one is contracting in Asia while the other takes a stake in a US daily deals site. Rakuten Retrenches Ecommerce giant Rakuten which got its start […]
Ecommerce powerhouse Rakuten will allow Bitcoin payments, the company announced. Customers will be able to choose Bitcoin as a payment option on Rakutken.com (formerly Buy.com), to be followed by Rakuten.de in Germany and Rakuten.at in […]
Despite Amazon’s high-tech advances in the fulfillment business, they have had their share of issues, most recently with Fulfillment by Amazon (FBA) orders being handled by a new California facility. Such issues prompt the time-sensitive seller to […]