Hiroshi "Mickey" Mikitani told CNBC that he believes Rakuten's mobile unit will be "one of the most profitable businesses."
Rakuten Bank's shares fell sharply Thursday morning after parent Rakuten Group said it planned to pare its stake in the lender.
Japan's Rakuten Group said on Wednesday it plans to sell 25.5 million shares in Rakuten Bank in the offshore market, the latest bid to shore up its finances.
Rakuten Group is a Japanese conglomerate centred on an e-commerce website - Rakuten Ichiba - and a suite of online financial services companies including banking, credit card, securities and insurance
When Japan's Rakuten launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world's third-largest telecoms market. It's done that in part, but the greater
TOKYO--(BUSINESS WIRE)--Rakuten Card's systems development subsidiary in Vietnam, Rakuten Fintech Vietnam has relocated to a new, expanded office in Ho Chi Minh City.
Rakuten Group, Inc. (OTCPK:RKUNY) Q3 2023 Results Conference Call November 9, 2023 1:00 AM ET Company Participants Hiroshi Mikitani - Chairman, President and Chief Executive Officer Ting Cai - Group S

Rakuten shares jump as mobile losses narrow

10:01pm, Sunday, 13'th Aug 2023
Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it can cover its debt burden for
Japan's Rakuten Group will fold its payments and points businesses into its credit card unit, it said on Thursday, a move that could set the struggling e-commerce company up to eventually list the car

Rakuten Bank Sees Edge Over Rivals

07:05pm, Monday, 07'th Aug 2023
Rakuten Bank is better positioned than rivals to enjoy a profit boost when the Bank of Japan eventually ends its negative interest-rate policy, says CEO of the Japanese online lender. A rise in short-
I am positive on Rakuten Group, Inc.'s recent portfolio restructuring moves, which I think could narrow the valuation discount assigned to the company's shares. But I have a negative view of Rakuten G
Japan's Rakuten Group Inc set the price for its public offering and third-party allotment of new shares at 566 yen ($4.19) per share, a regulatory filing showed on Wednesday.

Rakuten shares slump 5.1% in early trading

08:58pm, Monday, 15'th May 2023
Shares in Rakuten Group Inc fell as much as 5.1% in early Tokyo trading on Tuesday, a day after Reuters reported the company is finalising plans to issue new shares to shore up its finances after year
Japan's Rakuten Group Inc is finalising plans to raise about $2.2 billion by issuing new shares, according to two people, in the e-commerce company's latest move to shore up its finances after years o
Rakuten Group, Inc. (OTCPK:RKUNY) Q1 2023 Earnings Conference Call May 12, 2023 2:15 AM ET Company Participants Hiroshi Mikitani - Chairman, President and Chief Executive Officer Tareq Amin - Group Ex
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