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Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's second-largest country by total area, with the world's longest coastline. Its border with the United States is the world's longest international land border ...
Facebook enables users to control access to individual posts and their profile [320] through privacy settings. [321] The user's name and profile picture (if applicable) are public. Facebook's revenue depends on targeted advertising, which involves analyzing user data to decide which ads to show each user.
- History
- Acquisitions and Investment
- Businesses
- Criticism
- Recognition and Awards
- See Also
Early years
Rakuten was founded as MDM, Inc. by Hiroshi Mikitani on 7 February 1997. The online shopping marketplace Rakuten Shopping Mall(楽天市場, Rakuten Ichiba) was officially launched on May 1, 1997.The company had six employees and the website had 13 merchants. The name was changed to Rakuten in June 1999. The Japanese word "rakuten" (楽天) means "optimism". Harvard-educated former banker Mikitani envisioned the site as an online shopping mall, offering the opposite of what the larger companies like IBMw...
2000s
The company went public through an IPO on the JASDAQ market on April 19, 2000.At the time, the online marketplace had 2,300 stores and 95 million page views per month, making it one of the most popular sites in Japan. In March 2001, the online hotel reservation service Rakuten Travel was launched. In April 2002, a new system was introduced for merchants, combining monthly fixed fees with commissions on sales. That November, the Rakuten Super Point Program, a membership loyalty program, was in...
2010s
Around 2011, Rakuten started heavily expanding outside of Japan, with prominent moves including a stake in Canadian e-book maker Kobo Inc. and an investment in Pinterest. In 2011, Rakuten launched Indonesia's Rakuten Belanja Online. By late 2012, Rakuten had moved into online retail in Austria, Canada, Spain, Taiwan and Thailand and the online travel markets in France—with Voyager Moins Cher.com—and China, Hong Kong, Korea and Taiwan—with its Tokyo-based international Rakuten Travel platform....
Rakuten has made several acquisitions since its inception in 1997. It began in the e-commerce field but made acquisitions in the fields of sports, banking, and insurance.
Rakuten, Inc. has more than 70 servicesoperating via the three segments: Internet Services, FinTech, and Mobile. The services constitute the Internet Services segment are as follows: 1. E-commerce 1.1. Rakuten Ichiba 1.2. Rakuten.co.uk 1.3. Rakuten.fr 2. Messaging app 2.1. Viber 3. Food delivery 3.1. Rakuten Delivery 4. Travel booking 4.1. Voyagin ...
Corporate culture
In 2010, the founder and CEO, Hiroshi Mikitani, mandated that all business, from official meetings to internal emails, be written in English. Corporate officers that do not become proficient in English in two years were to be fired. At the time, only an estimated 10% of the Japanese staff could function in English,with the mandate facing criticism from other CEOs at the time. Rakuten introduced the English-only policy, dubbed "Englishnization," as part of Mr Mikitani's push to "globalize" the...
Disabling product reviews
On July 17 2012, the Kobo Touch eReader was launched in Japan to widespread criticism. The client app and networking were inoperational and devices could not be activated after purchase. A wave of 1-star reviews on Rakuten such as "my expectations were betrayed" were posted by angry consumers, after which the company disabled product reviews for the first time in its history. A Rakuten spokesman stated "In order to avoid confusion we will re-enable reviews after this issue is resolved. We do...
e-book advertising
On July 19 2012, the Kobo e-bookstore launched. Advertising pamphlets for the Kobo Touch claimed a library of 30,000 Japanese titles when in reality only 19,164 were available. On July 27 2012, after criticism about Kobo's available book selection, Mikitani vowed to "exceed 30,000 (books) within July" and "make 60,000 available by August." In reality, those marks were met on August 27 and September 24, respectively. In response, the Consumer Affairs Agency stated that Mikitani's promises and...
Rakuten partnered with Stephen Curry in 2023 on a one-day shopping spree at the Warriors Shop in Chase Centerfor twenty Bay Area children. Curry posed as a team shop employee during the event and helped find sports gear around the store. 1. Best Operator 5G Innovation 2. Ground-breaking Virtualization Initiative 3. Forbes Top 100 Digital Companies ...
Amazon.com, Inc.,[1] doing business as Amazon (/ˈæməzɒn/, AM-ə-zon; UK also /ˈæməzən/, AM-ə-zən), is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.[5] It is considered one of the Big Five American technology companies; the ...
The Backrooms. The Backrooms are a fictional concept first mentioned on a 2019 4chan thread. One of the best known examples of the liminal space aesthetic, the Backrooms are commonly depicted as an extradimensional space containing impossibly large expanses of empty rooms accessed by " no-clipping out of reality" in certain areas. Internet ...
The full length of the hieroglyphic text and the total size of the original stele, of which the Rosetta Stone is a fragment, can be estimated based on comparable steles that have survived, including other copies of the same order. The slightly earlier decree of Canopus, erected in 238 BC during the reign of Ptolemy III, is 2,190 millimetres high (7.19 ft) and 820 mm (32 in) wide, and contains ...
Europe is a continent[t] located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east. Europe shares the landmass of Eurasia with Asia, and of Afro-Eurasia with both Asia and Africa.[10 ...
