Rakuten Super Logistics To Open 6 New Ecommerce Fulfillment Centers

The recent USPS shipping structure changes will increase retailers shipping costs, says Rakuten CEO Mike Manzione. What Rakuten does is help retailers offset by utilizing a network of order fulfillment centers, thereby controlling shipping costs while decreasing shipping times.

Rakuten CEO: Very Difficult to Use Chinese Venders for a While

Rakuten CEO Mickey Mikitani says he’s happy he didn’t choose to use Huawei and ZTE. “I kind of sensed the potential risk even if it’s only one percent,” said Mikitani. “I told myself actually I cannot take a one percent risk that something may happen to prohibit Chinese network equipment to be used for the Japanese mobile network.”

Pinterest Raises $100 Million at $1.5 Billion Valuation

Regardless of varying reports of Pinterest’s growth as of late, the social photo-sharing site was still able to raise $100 million in venture capital, with a valuation of $1.5 billion. Tokyo-based Rakuten, Inc., one of the world’s largest internet companies,…

E-reading Company Kobo Sold To Rakuten For $315 Million

Kobo, makers of e-readers and e-reading apps, announced today that their sale to Rakuten has closed. Rakuten, based in Japan, is a major global marketplace, selling a wide variety of products around the world. The sale was first announced in…