Trending

Filed under: News | Misc

 

Rakuten acquires Viber in a deal of $900 million

the Japanese e-commerce giant acquires Viber to compete with Line app

Feb 14 2014, 1:35pm CST | by

11 Updates
Rakuten acquires Viber in a deal of $900 million
Viber
 
 

YouTube Videos Comments

Full Story

Rakuten acquires Viber in a deal of $900 million

News about the instant messaging and VoIP app Viber was making the circles quite often on the internet recently and there were some talks about the acquisition also. Looks like these weren’t just rumors and the deal has already been confirmed though not in the same sum as it was expected. Instead of the $300-400 million which was expected, the deal is now costing an incredible sum of $900 million.

Rakuten is the big Japanese e-commerce giant which is going to be the new owner Viber and the reason why it wanted to acquire Viber was to compete with Line app which is equally successful in the field. Last year Line app had 300 million users and this year it is hoping for an increase and has also made a target for a higher number of 500 million. It stands in line with Viber since the customer base is the same for both at the moment (300 million users). Viber has been growing rapidly; only three months ago it had a user base of 200 million. The increase had followed the announcement of the Viber Out which was similar to Skype Out.

Rakuten stands somewhere in the middle of these two competitors with a user base of 225 million and the services of it revolve around the unified ID membership database. Viber’s growth will be accelerated to a great extent if the IDs are merged together.

source: businesswire

 

You Might Also Like

Updates


Sponsored Update

Update: 11

Viber targets 30 mn users in India by year-end

Source: Business Standard

Dow Falls As Technology Sector Stocks Tumble
Considering India as one of its priority markets, Viber - provider of mobile application that allows free voice calls and text messaging - is aiming to increase its user base here to 30 million by December. The company which e ...
Source: Business Standard   Full article at: Business Standard 5 days ago, 3:15am CDT
 


Advertisement


Update: 10

Messaging app Viber targets 30 million users in India by year-end

Source: Cricketnext

Dow Falls As Technology Sector Stocks Tumble
Viber which entered India last November has 17 million users. Globally, it has over 300 million u ...
Source: Cricketnext   Full article at: Cricketnext 5 days ago, 2:00am CDT
 

More From the Web

Update: 9

Viber targets 30 mn users in India by year-end

Source: The Hindu

Dow Falls As Technology Sector Stocks Tumble
Considering India as one of its priority markets, Viber — provider of mobile application that allows free voice calls and text messaging — is aiming to increase its user base here to 30 millio ...
Source: The Hindu   Full article at: The Hindu 5 days ago, 1:12am CDT
 

Update: 7

Viber appoints Mark Hardy as CMO

Source: afaqs!

Hardy is tasked with the leadership of local Viber marketing teams in Brazil, India, the Philippines and Vietnam ...
Source: afaqs!   Full article at: afaqs! Apr 11 2014, 2:30am CDT
 

Update: 6

Ovum: A wave of consolidation will occur in social messaging in 2014

Source: Cellular-News

The recent acquisitions of WhatsApp by Facebook and Viber by Rakuten signal that social communications, and particularly messaging, are becoming a core part of OTT services, whether their primary focus is social networking, gaming, or even commerce. Click her ...
Source: Cellular-News   Full article at: Cellular-News Apr 10 2014, 4:37am CDT
 

Update: 5

Viber appoints Mark Hardy as CMO

Source: MyDigitalFC.com

Instant messaging and voice application Viber today appointed Mark Hardy as Chief Marketing Officer (CMO). Based out of London, Hardy is tasked with the leadership of Viber's marketing teams in Brazil, India, Philippines and Vietnam. "Hardy to drive Viber's global marketing strategy from London and lead local teams around the world," the company said in a statement. Available across platforms s ...
Source: MyDigitalFC.com   Full article at: MyDigitalFC.com Apr 9 2014, 3:30am CDT
 

Update: 4

Viber appoints Mark Hardy as CMO

Source: MyDigitalFC.com

Instant messaging and voice application Viber today appointed Mark Hardy as Chief Marketing Officer (CMO). Based out of London, Hardy is tasked with the leadership of Viber's marketing teams in Brazil, India, Philippines and Vietnam. "Hardy to drive Viber's global marketing strategy from London and lead local teams around the world," the company said in a statement. Available across platforms such as Android, Windo ...
Source: MyDigitalFC.com   Full article at: MyDigitalFC.com Apr 9 2014, 3:30am CDT
 

Update: 3

Viber appoints Mark Hardy as CMO

Source: The Hindu

Instant messaging and voice application Viber today appointed Mark Hardy as Chief Marketing Officer (CMO). Based out of London, Hardy is tasked with the leadership of Viber’s marketing te ...
Source: The Hindu   Full article at: The Hindu Apr 9 2014, 2:58am CDT
 

Update: 2

Viber appoints Mark Hardy as CMO

Source: Business Standard

Instant messaging and voice application Viber today appointed Mark Hardy as Chief Marketing Officer (CMO). Based out of London, Hardy is tasked with the leadership of Viber's marketing teams in Brazil, India, Philippines and Vietnam. ...
Source: Business Standard   Full article at: Business Standard Apr 9 2014, 2:26am CDT
 

Update: 1

Mobile communications platform Viber eyes international expansion with CMO appointment

Source: The Drum

FRANCE-SOCIAL-EMPLOYMENT-BRITTANY
Viber has named Mark Hardy as its new chief marketing officer, tasked with leading Viber’s marketing teams in Brazil, India, the Philippines, and Vietnam. Of the appointment, Talmon Marco, CEO of Viber, said: “We are delighted Mark is joining our leadership team to head up brand development, marketing strategy and campaign development across the world, as part of Viber’s global expansion… we want ...
Source: The Drum   Full article at: The Drum Apr 8 2014, 10:38am CDT
 

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/32" rel="author">Ahmed Humayun</a>
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.

 

 

Comments

blog comments powered by Disqus

Latest stories

 
 
Tropico 5 Releases Next Month w/ Pre-order Discounted 28% &amp; Bonus Game
Tropico 5 Releases Next Month w/ Pre-order Discounted 28% & Bonus Game
El Presidente makes his return in May. The MSRP is $39.99, but an instant discount and coupon combination drop the pre-order to $28.80.
 
 
 
 
SI Mock NBA Draft Sees Michigan State and Michigan Receive 2 and 3 Slots Respect
SI Mock NBA Draft Sees Michigan State and Michigan Receive 2 and 3 Slots Respectively
NBA draft gets hot as players are yearning for top picks. Michigan State and Michigan successfully managed to receive a reasonable number of slots in SI Mock.
 
 
 

The Hottest Photos of Victoria's Secret Fashion Show 2013