Japanese e-commerce giant Rakuten acquires Buy.com

[Soofi]

Source: link

Another acquistion, and another merger!! What are these people upto? :lol:

 

[mrjohn]

Considering that buy.com has been vastly under-utilized by previous ownership, it can't be a loss.

Seems like a big play into the English-speaking market. Excellent timing with the dollar strengthening. Selling into the US market is an excellent play under the circumstances.

Not so sure $250 million is the right price. Especially since buy.com has already muddied the waters by way of sucking. But . . . It's a 3L.com with an absurdly perfect keyword, so it wasn't gonna be cheap anyhow.

 

[Soofi]

Not so sure $250 million is the right price. Especially since buy.com has already muddied the waters by way of sucking. But . . . It's a 3L.com with an absurdly perfect keyword, so it wasn't gonna be cheap anyhow.

I do think the price was right when BUY.com is boasting about business potential along wit 11 million+ registered customers, no?