⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Japan's Rakuten begins accepting Bitcoin on U.S. e-commerce site

Published 17/03/2015, 03:23
© Reuters. Pedestrians walk past a Rakuten Cafe at a shopping district in Tokyo
BTC/USD
-
AMZN
-
EXPE
-

TOKYO (Reuters) - Japanese e-commerce firm Rakuten Inc has begun accepting payments in virtual currency Bitcoin on its U.S. online shopping site, a spokeswoman said on Tuesday.

The move means Rakuten, seeking to expand overseas, is joining a growing number of online retail leaders, like Amazon.com Inc (NASDAQ:AMZN) and travel agency Expedia Inc (NASDAQ:EXPE), in accepting the currency.

Rakuten sites in Germany and Austria will follow suit, the company said in a statement announcing the U.S. launch.

© Reuters. Pedestrians walk past a Rakuten Cafe at a shopping district in Tokyo

The spokeswoman said no decision had been taken on whether Rakuten plans to accept Bitcoin on its Japanese e-commerce site, which accounts for the bulk of its profit.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.