The headline from techcrunch.com:
Watch Out Amazon, Japan’s Rakuten Buys E-Commerce Fulfillment Company Webgistix To Expand Further In The US
I know Rakuten has some great deals, but do any of us really want to support this company right now? Their name is all over the news, but they still have not addressed the rampant credit card fraud. How do they expect to compete with Amazon if these issues are not cleared up?
How do you feel about this acquisition? Would you support Rakuten if they tried to compete with Amazon?
As of right now – I would NOT, personally.