Today, at Y Combinator's Startup School at Stanford University, Rakuten Founder and CEO Hiroshi Mikitani took the stage to talk about the company's culture, acquisitions and its crazy growth over the last year. Mikitani said that Rakuten was currently seeing about $5 billion/year in revenues and that 25 percent of that revenue was coming from mobile mobile phones, both feature and smartphones. Forty percent of those transactions emanated from feature phones (yes, you heard that right), with 60 percent coming from smartphones.
Sunday, October 21, 2012
A Quarter Of Japanese eCommerce Giant Rakuten?s $5B/Year Revenue Is Mobile, And It?s Growing 3-400% Y/Y
Today, at Y Combinator's Startup School at Stanford University, Rakuten Founder and CEO Hiroshi Mikitani took the stage to talk about the company's culture, acquisitions and its crazy growth over the last year. Mikitani said that Rakuten was currently seeing about $5 billion/year in revenues and that 25 percent of that revenue was coming from mobile mobile phones, both feature and smartphones. Forty percent of those transactions emanated from feature phones (yes, you heard that right), with 60 percent coming from smartphones.
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