Trade24 makes sure to follow all the rules according to Halacha of which one can invest and lend money.
A Japanese e-commerce firm said it will buy the Israeli-founded Viber chat startup for $900 million.
Rakuten Inc announced its planned purchase of Viber Media Inc. on Friday.
Viber, run by the Israeli entrepreneur Talmon Marco, will add 300 million users to Rakuten’s existing 200 million users, Rakuten’s CEO, Hiroshi Mikitani, told reporters in Tokyo.
Viber is registered as a financial enterprise based in Cyprus and Las Vegas but is run and was founded from Israel, according to Israel’s Channel 2. The company has a research and development center in Israel with a few dozen employees.
Rakuten’s popularity in Japan and the company’s decision to expand to new markets “make this deal an amazing opportunity for Viber to increase its own volume of users in existing and new markets,” Channel 2 quoted Marco as saying.
Viber is one of the top five most downloaded smartphone phone call and messaging apps, and counts the United States, Russia and Australia among its biggest markets.
Last year, $7.6 billion changed hands as a result of the sale of Israeli high-tech startups, according to the Globes daily newspaper.
“This acquisition… will take Rakuten to a different level,” Mikitani told Reuters about the Viber deal. The all-cash deal was announced after Rakuten reported an 80 percent jump in its 2013 operating profit.
Viber is funded from the pockets of its founders and several private investors from the United States. Viber recently launched an instant messaging app for personal computers that allows users to make outgoing mobile calls to other Viber users and non-registered mobiles, making it a rival to Skype.
About the Author:
If you don't see your comment after publishing it, refresh the page.
Comments are closed.
Fragile pages of possibly the world’s oldest Qur’an could pre-date the birth of Islam’s founder, prophet Mohammed.
Three Reps and two Senators announced their support for the Nuclear Iran Deal.
Bringing your own sandwich to a restaurant would appear as the height of chutzpah, but not any more—at least not at Lunchbox…
He says he still has not made up his mind but that Obama will win the magic number of 34 to override a veto.
President Ruby Rivlin opened the new school year with new first grade students at the Mamad Shilat school in the Jewish town of Paduel in the Shomron, on September 1, 2015.
When Minister Erdan introduced Brig. Gen. (Res.) Gal Hirsch as his pick for the next Israeli police commissioner, his decision provoked angry reactions from several segments of the Israeli public.
The Greek Coast Guard may have prevented massive terrorist attacks in Libya Tuesday with the seizure of a vessel carrying explosives and weapons suspected of being linked with the Islamic State (ISIS). Greek media reported. Authorities said more information would be released later. Initial suspicions are the that the cargo was being shipped to Libya […]
The victims were burned alive while hanging upside down. ISIS said it was in revenge for Shi’ite executions
Abbas plans to make a “surprising” speech in the coming days.
Opposition MK Avigdor Liberman strongly criticized Netanyahu for making the agreement.
On Tuesday, September 8, participants in this historic event will unite to pray for the safety and well-being of the Jewish nation.
Any SanDisk employee who can successfully headhunt and bring another worker to the company will receive a bonus of nearly $2,000 (20,000 shekels), the flash memory developer’s Israeli division said. The demand for high-techs employees in Israel far outstrips the supply, and SanDisk is looking for 90 new engineers and R & D departments in […]
The university claims there was a mix-up between “Obama” and the “Obama Foundation” retaining a presence on campus.
Showers installed in front of Auschwitz are simply a ‘public safety measure’ to ward off the summer heat, says the museum.
More than 20 cars and buildings in a Jewish community in north London were vandalized with swastikas. The Nazi symbol was drawn on approximately 27 cars in the Osbaldeston Road area of Stoke Newington on Sunday night, The Daily Mail reported. An unnamed 32-year-old man was arrested in connection with the vandalism Tuesday. The neighborhood […]
New York State Assemblyman Dov Hikind called on the Jewish community to attend the funeral of an assassinated New York police officer. “The brave men and women of the NYPD risk their lives every day to protect us. We value them and stand with them,” Hikind, a Democrat who represents Brooklyn, said in a statement […]
“Move Jew” scrawled on a Philadelphia home and slurs written on a synagogue and 10 garages in Chicago.
Cuba has “the largest pool of untapped baseball talent in the world, and Major League Baseball may tap and leave Cuba dry.
Argentina’s president Christina Fernandez has accepted an official Jewish godson for the first time in the country’s history to help counter legend of death to a seventh son. She described in seven tweets her meeting with her new godson, Yair Tawil, a member of a Chabad-Lubavitch family. He was adopted as a godson under a […]
Printed from: http://www.jewishpress.com/news/breaking-news/israeli-founded-viber-chat-startup-fetches-900m/2014/02/15/
Scan this QR code to visit this page online: