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July 30, 2020 11:51 pm GMT

Rakuten is shuttering the online shop formerly known as Buy.com

Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com, and will wind down its operations over the next two months, the company confirmed to TechCrunch. The shutdown means that the US headquarters will lay off its staff as well, meaning 87 people will lose their jobs, according […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9j3IsLxM1UQ/

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TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

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