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Rakuten Rewards was founded as Ebates in 1998 in Menlo Park, California, by two former deputy district attorneys, Alessandro Isolani and Paul Wasserman. Funded by the venture capital firm Foundation Capital , [6] Ebates.com was launched on 3 May 1999, offering up to 25% cash back from about 40 online retailers.
Rakuten has more than 28,000 employees worldwide, operating in 30 countries and regions, [3] and its revenues totalling US $12.8 billion as of 2021. [4] Rakuten was the official sponsor of the Spanish football club FC Barcelona from 2017 until 2022, [5] [6] and the Golden State Warriors of the NBA as of 2022.
Rakuten Mobile, Inc. (commonly known as Rakuten Mobile) is a Japanese mobile network operator (MNO) headquartered in Setagaya, Tokyo. It is a wholly owned subsidiary of Japanese e-commerce giant Rakuten. Currently, Rakuten Mobile offers 4G [5] [6] and 5G [7] [8] services. In December 2023, it expanded into Europe launching a network in Germany.
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