Description: Rakuten CEO Hiroshi Mikitani explains why the $900 million purchase of messaging app Viber was a smart business move and how it will differ from Facebook’s Whatsapp.

Source: CNNMoney.com – video report

Date: Mar 21, 2014

Link: http://money.cnn.com/video/technology/2014/03/21/ceo-rakuten-hiroshi-mikitani-japan-viper-app-ecommerce.cnnmoney/index.html

Questions for Discussions:

• What is the basis for the acquisition price paid for Viber?
• Do you believe it was a fair price?