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Lotte Co., Ltd

Operator of "Lotte Market" in Japanese shop street
Rakuten, the largest electronic store street in Japan“ Lotte Market ”In 2006, the number of users exceeded 18 million. In addition, it also operates many websites with different businesses, such as "Infoseek".
On February 14, 2014, Rakuten Co., Ltd. announced that it planned to acquire the company at a price of 900 million US dollars Israel Viber Media. [1] In 1997, no one was there internet In the era of shopping, Lotte Co., Ltd. was founded in February of the same year, and there were 6 employees at the time of entrepreneurship. In May, the "Lotian Market" was born, with 13 stores on the website.
On February 28, 2017, Rakuten Market in Japan The official microblog released an announcement that Lotte Group (Lotte) are two completely different companies. There is no relationship except Chinese characters. Remind Chinese consumers not to hurt by mistake. [2]
corporate name
Lotte Co., Ltd
Date of establishment
February 1997
Headquarters location
Japan
Business scope
negotiable securities , professional baseball team, travel website, etc
Company type
Japan Electronics Store Street Lotte Market operator
Annual turnover
US $10 billion (2018) [3]
Other information
Japan Jingtuan member
Official website
http://www.rakuten.co.jp/

Corporate development

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Rakuten Co., Ltd. has been actively engaged in mergers and acquisitions since 2000, and has formed Japan Lotte Group Relevant enterprises also include securities companies, professional baseball teams, tourism websites, etc. The company is a listed company of JASDAQ, and also a member of the Japanese economic group.
On November 29, 2007, Lotte Group was in Taiwan Taipei City And Unified enterprise Group signing and establishment Joint Venture "Taiwan Lotte Market limited company ”(Lotte Co., Ltd. holds 51% of the shares and Uni President Supermarket holds 49% of the shares). It is expected to officially start operations in the second quarter of 2008 and jointly enter Taiwan Shopping website Market. Taiwan is the first overseas expansion point of Lotte market.
In 2019, it was selected into the "2019 Forbes Global Top 100 Digital Economy", ranking 80. [4]
On October 23, 2019, the 2019 Fortune Top 50 list was released, and Rakuten Co., Ltd. ranked No. 40. [5]
On March 4, 2022, according to the official website of (Ace) Rakuten Group, during the MWC 2022 conference, Cisco The company and Rakuten Mobile Wholly owned subsidiary Rakuten Symphony signed a Memorandum of Understanding , the goal is to accelerate the Cloud primordial Virtualization 4G/5G Mobile network Delivery of. [10]

Acquisition News

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according to Sina And other media reports, Beijing Time In the afternoon of September 8, 2014, Rakuten, Japan's largest e-commerce company, announced that it was working with the US rebate retail website Ebates Conduct acquisition negotiations, purchasing price It may reach 950 million dollars. [6]

Business with China

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Rakuten, Japan Official information It shows that in 2013, more than 10000 of the 40000 stores on the Rakuten website in Japan participated in the direct mail service in China, accounting for 25%. In addition, the reporter from Nandu also learned that Rakuten in Japan JD.COM , koala Flagship store And the backstage of its own Rakuten international market platform data display The business growth brought by Chinese consumers has doubled, especially during the Double 11 activities in 2012 Year on year growth Two digits.
In addition, the reporter from Nandu Rebate net It was learned that Rakuten, in order to increase its presence in China, made a bet on China Online and offline In the rebate market, we also invested 100 million dollars to participate in the C-round financing of the rebate network. [7]
Rakuten Market in Japan Rakuten is a B2B2C shopping platform owned by Rakuten Co., Ltd., and the largest electronic store street in Japan. Its affiliated JASDAQ listed company, Rakuten Co., Ltd., was founded in 1997 and is a member of the Japanese economic group. Through a series of active mergers and acquisitions, Rakuten's current industries include Rakuten Bank, securities companies, and professionals baseball team , travel websites, etc.
Honors won
In 2019, it was selected into the "2019 Forbes Global Digital economy Top 100 ", ranking 80. [4]
On October 23, 2019, the 2019 Fortune Top 50 list was released, and Rakuten Co., Ltd. ranked No. 40. [5]
On May 13, 2020, Rakuten ranked 831 on the 2020 Forbes Global Enterprise 2000 list. [8-9]