Rakuten in the company in August 2007 and, in 2010, it announced a joint venture with Baidu in China (Lekutian). In June 2011, Rakuten acquired Brazilian e-commerce firm Ikeda — since renamed Rakuten Brazil. In July, it bought German e-commerce start-up Tradoria and rebranded it Rakuten Deutschland, and in September UK online retailer and e-commerce marketplace Play.com for £25 million (almost $41 million), which was converted into the points-based loyalty program Rakuten.co.uk. In September 2011, Rakuten took a minority equity stake in Russian online retailer Ozon.ru, dubbed "Russia's Amazon", which had reported 2010 sales worth US$137 million. A four-company-strong consortium, led
Follett Corporation had served as president and CEO since 2014, and since 2000 had been president of B&T's library and education division, the company's largest group. Coe was later replaced as B&T president by book retailer, David Cully In December 2016, Follett Corporation acquired Valore, an online textbook marketplace. Follett Corporation Follett Corporation is a Westchester, Illinois-based company that provides a variety of educational products to schools, colleges, and public libraries through its subsidiaries. Follett Corporation was founded in 1873 when Charles M. Barnes opened a used book store in his Wheaton, Illinois home. Three years later, Barnes moved his business, now