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

Mimi Sabreena 8:29:00 AM Business

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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 …

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