Rakuten buying U.S. shopping portal Ebates

TOKYO, Japan - Hiroshi Mikitani (L), chief executive officer of Japanese e-commerce giant Rakuten Inc., and Kevin Johnson, CEO of U.S. cash-back shopping portal Ebates Inc., pose for photos during a press conference in Tokyo on Sept. 9, 2014. Rakuten said it is buying the San Francisco-based firm in October for about $1 billion or 105 billion yen to strengthen its international operations. (Kyodo)

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