Guess this week another acquistion is happening where Rakuten will buy Viber media at $900 Million.
Rakuten — one of the biggest Japanese online store, well similar to Amazon.com — will acquire the popular mobile app maker Viber Media — the one created that popular Viber apps for your phone, similar also to Skype — for $900 Million.
With this strategy, Rakuten will introduce new sevices like improved online shopping, finance, and digital content to Viber users and Rakuten shoppers and at the same to expand its business globally as the top giants like Google, Facebook, Apple, and Amazon.com.
As we all know that Viber is one of the most popular apps for smartphone in 193 countries, specially Japan with a strong 300 Million users alone.
Business right now are changing rapidly specially in the digital world where all the transaction and trading are done online.
Guess we will see in the future the competitor of Amazon.com here.
