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Confirmed: Pinterest Raises $100 Million to Fund International Expansion

UPDATE: Rakuten has confirmed that it has led a $100 million round of investment in Pinterest. Of the investment, Rakuten CEO Hiroshi Mikitani says, “While some may see e-commerce as a straightforward vending machine-like experience, we believe it is a living process where both retailers and consumers can communicate, discover, and curate to make the experience more entertaining. We see tremendous synergies between Pinterest’s vision and Rakuten’s model for e-commerce. Rakuten looks forward to introducing Pinterest to the Japanese market as well as other markets around the world.” Pinterest...

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Published By: Mashable - Thursday, 17 May, 2012