M&A Deal Summary

Rakuten Acquires LOB

On July 5, 2018, Rakuten acquired digital media company LOB

Acquisition Highlights
  • This is Rakuten’s 1st transaction in the Digital Media sector.
  • This is Rakuten’s 6th transaction in Japan.

M&A Deal Summary

Date 2018-07-05
Target LOB
Sector Digital Media
Buyer(s) Rakuten
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 18 of 24
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 17 of 22
Country: Japan M&A 6 of 9
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-08 Curbside

Palo Alto, California, United States

Curbside, Inc. is a technology company whose solutions take friction out of the mobile order ahead customer experience at thousands of stores and restaurants. Curbside, Inc. was founded in 2013 and is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-31 Everybody’s bitcoin

Tokyo, Japan

Everybody’s bitcoin, Inc. is a provider of cryptocurrency exchange services.

Buy -