Japan-based electronic commerce company Rakuten has acquired an 80% stake in Tradoria, a German online e-commerce platform backed by DuMont Venture, the corporate venturing unit of Germany-based media group M DuMont Schauberg.
Founded in 2007, Tradoria was owned by venture capital firm Seventure Partners (reported at 24 %), DuMont Venture (about 19 %) and the European Founders Fund of the Samwer brothers (about 11 %).