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Rakuten Rewards (/ ˈ r æ k ə t ɪ n / RAK-ə-tin), [1] formerly known as Ebates, [2] is a cash-back and shopping rewards company. [3] Its revenue comes from affiliate network links. [ 4 ] Members of the site click through affiliate links before shopping at a retailer's site.
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.
The acquisition of Ebates, a website that allows customers to earn cash back when shopping online with over 2,600 retailers, gave Rakuten.com additional presence in the US e-commerce market, as well as a way to offer items such as online e-coupons. [22] [23] In March 2015, Rakuten.com partnered with Bitnet to accept bitcoin as payment. [24] [25]
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