Rakuten Acquires Ebates for $1,000,000,000

  • Feed Type
  • Date
    9/9/2014
  • Company Name
    Ebates
  • Mailing Address
    333 Bryant Street San Francisco, CA 94107 USA
  • Company Description
    Ebates is the pioneer and leader of online Cash Back Shopping. The company was founded in 1998 by two Deputy District Attorneys in Silicon Valley who used to prosecute online fraud & identity theft before starting Ebates (so you can be sure we are very into secure online transactions!).
  • Website
    http://www.ebates.com
  • Transaction Type
    M&A
  • Transaction Amount
    $1,000,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Rakuten is paying $1 billion in cash for the company.