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Rakuten Rewards
Shopping rewards company From Wikipedia, the free encyclopedia
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Rakuten Rewards (/ˈrækətɪn/ RAK-ə-tin),[1] formerly known as Ebates,[2] is a cash-back and shopping rewards company.[3] Its revenue comes from affiliate network links.[4] Members of the site click through affiliate links before shopping at a retailer's site.
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History
Rakuten Rewards was founded as Ebates in 1998 in Menlo Park, California, by two former deputy district attorneys, Alessandro Isolani and Paul Wasserman.[5] Funded by the venture capital firm Foundation Capital,[6] Ebates.com was launched on 3 May 1999, offering up to 25% cash back from about 40 online retailers.[7]
In September 2014, Ebates was acquired by the Japanese e-commerce company Rakuten for US$1 billion.[8] In 2019, the Ebates brand was phased out and replaced with Rakuten Rewards.[9]
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Acquisitions
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Services/tools
Logos
- 2017
- 2018
- 2019 (US, before renaming)
- 2019 (Canada, before renaming)
- 2019 (US and Canada, after renaming)
References
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