---
title: "Rakuten"
description: "Rakuten Group, Inc. is a global technology and internet services company headquartered at Rakuten Crimson House in Tokyo, Japan. It operates a broad portfolio of digital businesses, including e commerce, financial services, telecommunications, and digital content, and positions itself as a company that empowers individuals, communities, businesses, and society through innovation. In Africa, Rakuten has participated as a strategic corporate investor in high growth technology companies at the growth stage, with activity between 2017 and 2018. Based on confirmed funding data, Rakuten invested in Series B, Series C, Series E, and Series F rounds, providing a total of 495 million dollars of capital to Careem and Glovo. These investments reflect a clear focus on quick commerce and travel and mobility services in Egypt and Kenya, where Careem offers rides, deliveries, and wallet payments, and Glovo provides on demand delivery of food, groceries, and everyday essentials. Rakuten’s African investments in Careem and Glovo align with its broader emphasis on internet enabled consumer services. By backing established regional leaders in ride hailing, delivery, and digital convenience, Rakuten has supported the expansion of platforms that improve everyday access to transportation and commerce for users in Egypt and Kenya."
canonical_url: "https://liners.com/investors/rakuten"
markdown_url: "https://liners.com/investors/rakuten.md"
type: "investor"
language: "en"
updated_at: "2026-09-06T03:01:01.269Z"
---

# Rakuten

Rakuten Group, Inc. is a global technology and internet services company headquartered at Rakuten Crimson House in Tokyo, Japan. It operates a broad portfolio of digital businesses, including e commerce, financial services, telecommunications, and digital content, and positions itself as a company that empowers individuals, communities, businesses, and society through innovation. In Africa, Rakuten has participated as a strategic corporate investor in high growth technology companies at the growth stage, with activity between 2017 and 2018. Based on confirmed funding data, Rakuten invested in Series B, Series C, Series E, and Series F rounds, providing a total of 495 million dollars of capital to Careem and Glovo. These investments reflect a clear focus on quick commerce and travel and mobility services in Egypt and Kenya, where Careem offers rides, deliveries, and wallet payments, and Glovo provides on demand delivery of food, groceries, and everyday essentials. Rakuten’s African investments in Careem and Glovo align with its broader emphasis on internet enabled consumer services. By backing established regional leaders in ride hailing, delivery, and digital convenience, Rakuten has supported the expansion of platforms that improve everyday access to transportation and commerce for users in Egypt and Kenya.

## Breadcrumbs

- [Investors](/investors)
- [Rakuten](/investors/rakuten)

## Summary

Rakuten Group, Inc. is a global technology and internet services company headquartered at Rakuten Crimson House in Tokyo, Japan. It operates a broad portfolio of digital businesses, including e commerce, financial services, telecommunications, and digital content, and positions itself as a company that empowers individuals, communities, businesses, and society through innovation. In Africa, Rakuten has participated as a strategic corporate investor in high growth technology companies at the growth stage, with activity between 2017 and 2018. Based on confirmed funding data, Rakuten invested in Series B, Series C, Series E, and Series F rounds, providing a total of 495 million dollars of capital to Careem and Glovo. These investments reflect a clear focus on quick commerce and travel and mobility services in Egypt and Kenya, where Careem offers rides, deliveries, and wallet payments, and Glovo provides on demand delivery of food, groceries, and everyday essentials. Rakuten’s African investments in Careem and Glovo align with its broader emphasis on internet enabled consumer services. By backing established regional leaders in ride hailing, delivery, and digital convenience, Rakuten has supported the expansion of platforms that improve everyday access to transportation and commerce for users in Egypt and Kenya.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Careem | /careem | Series F | 200000000 | 2018-10-01T00:00:00.000Z |
| Glovo | /glovo | Series C | 115000000 | 2018-07-01T00:00:00.000Z |
| Glovo | /glovo | Series B | 30000000 | 2017-09-01T00:00:00.000Z |
| Careem | /careem | Series E | 150000000 | 2017-06-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/rakuten)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)