Future of Rakuten's M&A


Rakuten which is Japanese most largest EC company accelerate M&A.

They bought Viver in March, and at least, implemented more than 10 M&A.

other, Softbank which famouse Japanese internet company is growing buying other company.
But these two company's aproach is difficult.

Rakuten's aproach is "own principle".
Acquisition funds earned their own business.

On the other hand, Softbank likes dept finance.
They borrow large money from external financial institutions.

Hiroshi Mikitani spend Silicon Valley in USA every summer.
A lot of venture company's CEO come together at the Mikitani's villa, and he decide investment on this party.
For example, an opportunity of buying VIKI the video hosting service is this Mikitani's villa party.