Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Rakuten France, a Japanese-owned e-commerce platform, announced the shutdown of its marketplace, rendering its 180 employees redundant. Additionally, 2,500 sellers will be impacted. Online retail has been under intense competition from foreign platforms with low prices, and the development of second-hand e-commerce.
Despite two serious takeover offers, the management deemed they were not sufficient. One of the takeover companies criticised that decision heavily. In 2010, the Japanese group had bought the platform, previously known under the name PriceMinister.
Eurofound (2026), Rakuten France, Closure in France, factsheet number 300769, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300769.