Rakuten wants to sell its French marketplace - Emerce
Summary
Rakuten wants to sell its French marketplace, formerly PriceMinister. If it cannot find a buyer, it plans to shut the business down. User numbers in France have fallen by 33%, and Rakuten has decided to exit after 15 years of ownership. The move leaves 180 employees facing uncertainty and puts a planned expansion into Spain at risk. Rakuten’s other European businesses include Rakuten TV, Kobo, and Viber.
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Procurement & Purchasing
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