In Japan’s Largest E-Commerce Deal, Rakuten Acquires Ebates For $1 Billion

Rakuten, the largest e-commerce site in Japan | Source: Shutterstock

Rakuten Inc. agreed to buy U.S. rebates website Ebates Inc. in Japan’s largest e-commerce deal on record as the operator of the country’s biggest online mall seeks overseas growth through acquisitions.

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Twitter Testing ‘Buy’ Button as E-Commerce Plans Take Shape

Twitter | Source: Shutterstock

For Twitter Inc., a tweet will soon be more than a form of communication or an ad — it will be an invitation to buy. The San Francisco-based microblogging company is testing a “buy” button so consumers can purchase directly from tweets posted on its service.

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Kinnevik Joins Rocket Internet to Form Global Fashion E-Commerce Group

Rocket Internet's headquarters in Berlin | Source: Rocket Internet

Investment AB Kinnevik and Rocket Internet AG, the e-commerce accelerator founded by Germany’s Samwer brothers, agreed to combine five online fashion businesses to create a global powerhouse.

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German Online Retailer Zalando Turns Profit Before IPO

Zalando collection | Source: Zalando

Zalando SE, Europe’s largest online shoe and fashion retailer, reported a second-quarter profit of 35 million euros ($46 million), giving investors more evidence the company is controlling costs ahead of a potential initial public offering.

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