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Kobo owner leads US$100 million investment in Pinterest

Rakuten, the Japanese owner of Kobo, has led a US$100 million (A$102 million) investment round in the image-based social network site Pinterest, reports the Financial Times. ‘They use beautiful graphics very effectively to create interest circles,’ Rakuten chief executive Hiroshi Mikitani said. ‘Because of that, the traffic coming from Pinterest probably...

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Category: International news