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
Depository Trust Company Accounts for the account of the DTC Participant. Even though DTC Participants own most of the stock of DTC, the DTC is technically a subsidiary of the Depository Trust & Clearing Corporation because DTCC owns the only voting stock. DTC is not the holder of record of the securities for which it manages the custody. DTC instead designates Cede and Company, whose partners consists of DTC employees, as their main custodial Nominee pursuant to New York's legislation called the Uniform Commercial Code, Article 8: Investment Securities. Depository Trust Company Depository Trust Company (DTC) is a New York corporation known as