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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Japan's Rakuten buys French e-trade leader AFP - Friday, June 18 Send IM Story Print Japan's Rakuten buys French e-trade leader Slideshow: Full Photo Coverage: Internet Portals & Search Engines PARIS (AFP) - – Japan's largest Internet retailer Rakuten Inc has acquired PriceMinister for around 200 million euros (248 million dollars), the French e-commerce company said on Thursday. It said Rakuten saw the deal as part of its international growth strategy and the PriceMinister founders had agreed to stay with the company for the next five years to help with the brand's development in France and Europe. PriceMinister is best known for its buy-sell service for individuals but also trades in the automobile, property and travel sectors while offering email marketing services. It says it has 12 million clients. Rakuten chalked up sales of 3.2 billion dollars in its last business year and claims 64 million clients. Recommend Send IM Story Print Related Articles Fox, Bloomberg duel over White House press room seat AFP - 16 minutes ago YouTube adds online video editing tool AFP - 1 hour 47 minutes ago France joins probes into Google Street View AFP - Friday, June 18 Japan's Rakuten buys French e-trade leader AFP - Friday, June 18 Medical phone, vibrating earphone shine at trade show AFP - Thursday, June 17 News Search Top Stories GEF backs 'Great Green Wall' with 119 million dollars Europe clamps down on debt in bid to banish Spanish blues IMF head laments 'loss of momentum' in financial reform Greece make history with 2-1 win over Nigeria More than 70 miners feared dead in Colombia explosion More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Harrison Ford, Calista Flockhart tie knot: report Hubble telescope sheds light on mystery Jupiter flash Researchers zero in on 'male menopause' symptoms Sons more likely to swindle their mums: study No green light for libido-boosting drug: US FDA More Most Viewed » The point about pain: New study sheds light on acupuncture Clashes as Israeli forces storm Gaza aid boat: Hamas TV Egypt unearths tomb of pharaonic army chief Physicists solve mystery of missing neutrinos More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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