Pinterest raises $200M at $2.5B valuation, reportedly

Pinterest has reportedly raised $200 million funding round that values the company at $2.5 billion. In other words, the rumors appear to be true.

Kobo launches 3 new e-readers just hours before Amazon’s big reveal

Rakuten’s Kobo line of ereaders has been updated just hours before Amazon is expected to reveal two new Kindle Fire models, a “Paperwhite” Kindle, and maybe even its first smartphone.

Pinterest finally drops invites in favor of open registration

Popular social networking service Pinterest has finally ditched invitations and opened its doors to anyone who wants to sign up on the spot.

Pinterest joins the billion dollar club: Gets $100M in round led by Rakuten

After Facebook’s surprising Instagram buy, it now seems like every hot startup needs to reach a billion dollar valuation to truly be taken seriously. So it was inevitable that Pinterest, the popular image pinboard site, would eventually skyrocket in value.…

Kobo acquired: Japanese web retailer Rakuten paid $315M cash

Rakuten, the largest online shopping mall operator in Japan, has acquired e-reader manufacturer Kobo for $315 million in cash.

In the deal, Rakuten has bought 100 percent of all issued and outstanding shares of Kobo, which makes products that compete …

Ozon.ru raises $100M to become Russia’s Amazon.com — and postal service

Ozon.ru, the fast growing online retailer that calls itself the Amazon.com of Russia, has raised $100 million in new equity funding to fund an ambitious expansion that includes recreating the Russian postal service.

And Ozon.ru is experiencing such terrific growth …