Japanese E-Commerce Giant Rakuten Launches $100M Global Investment Fund
June is barely over, but Rakuten has already had a busy year. In addition to purchasing messaging app Viber for $900 million, the Japanese consumer Internet conglomerate also made investments in several companies based in Southeast Asia or Japan, including Carousell, Visenze, Coda Payments, and Send Anywhere, from its $10 million fund dedicated to the region. Now Rakuten is eyeing companies in the rest of the world with the launch of its new $100 million global investment fund, which will focus on startups in Israel, the U.S., and the Asia Pacific region.
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