Abstrakt: |
The article reports on the acquisition of Aliso Viejo, California-based Internet retailer Buy.com Inc. by Rakuten Inc., which is the largest Internet company in Japan. It states that the move of Rakuten is part of its global expansion which runs an online mall plus auction, travel and stock trading sites. It notes that Buy.com is selling everything from flat televisions to diamond rings and competes tooth and nail largely on prices with Amazon.com Inc., Barnes & Noble Inc. and Best Buy Co. |