Add-on Acquisition • Information Technology

Rakuten Acquires Everybody’s bitcoin

On August 31, 2018, Rakuten acquired information technology company Everybody’s bitcoin

Acquisition Context
  • This is Rakuten’s 2nd transaction in the Information Technology sector.
  • This is Rakuten’s 7th transaction in Japan.

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M&A Deal Summary

Date August 31, 2018
Target Everybody’s bitcoin
Sector Information Technology
Buyer(s) Rakuten
Deal Type Add-on Acquisition

Target Company

Everybody’s bitcoin

Tokyo, Japan
Everybody’s bitcoin, Inc. is a provider of cryptocurrency exchange services.
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Buyer Overview 1

Buyer

Rakuten

Tokyo, Japan

Category Company
Founded 1997
Sector Internet Software and Services
Employees29,334
Revenue 2.28T JPY (2024)
DESCRIPTION
Rakuten office in Tokyo, Japan.
Rakuten office in Tokyo, Japan.

Rakuten is an internet services company. Rakuten provides a variety of consumer and business-focused services including e-commerce, eBooks & eReading, travel, banking, securities, credit card, e-money, portal and media, online marketing and professional sports. Rakuten Group is expanding globally and currently has operations throughout Asia, Europe, the Americas, and Oceania. Rakuten was founded in 1997 and is based in Tokyo, Japan.


Deal Context for Buyer #
Overall 19 of 24
Sector: Information Technology 2 of 2
Type: Add-on Acquisition 18 of 22
Country: Japan 7 of 9
Year: 2018 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-05 LOB

Tokyo, Japan

LOB, Inc. is a developer and supplier of advertising platforms. Company engages in Development and provision of advertising platforms, Consulting business for running online ads and Development business for marketing support tools for running online ads.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-28 O-net

Tokyo, Japan

O-net is a provider of matchmaking services. O-net was founded in 1980 and is based in Tokyo, Japan.

Sell -