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Streaming Video Site Begins Life In UK, the streaming video service owned by Japanese retail giant Rakuten, has expanded from Spain to the U.K., where it hopes to be a competitor to Amazon’s Lovefilm and Netflix. Wuaki was founded in Barcelona in 2009 and acquired by Rakuten last year. It says it has over 600,000 subscribers in Spain. The company didn’t share the total number of titles available, but says it has content from major Hollywood studios like Warner Bros., Disney, Sony and 21st Century Fox, as well as “major UK and international distributors” like the BBC.

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