Rakuten operates various e-commerce sites, including Rakuten Ichiba, an internet shopping mall, as well as travel booking sites, portal sites, and e-book businesses. They also provide services related to banking, securities, credit cards, and electronic money. Additionally, Rakuten is involved in communications services and manages a professional baseball team. The company was founded in 1997 and is headquartered in Tokyo, Japan. Rakuten Ventures, their venture capital arm, has made investments in internet services and finance services, among others, with notable portfolio companies including Point, Sider, and AirCloset.