Rakuten shares gain in Tokyo after strong outlook

10:47pm, Wednesday, 14'th Feb 2024
Shares of Rakuten Group JP:4755 rose sharply after its results showed a markedly better financial performance, and painted a promising outlook for the year ahead.
Rakuten Group, Inc. (RKUNY) Q4 2023 Earnings Call Transcript

Rakuten: Reasons To Be Optimistic

02:35am, Friday, 09'th Feb 2024
Rakuten: Reasons To Be Optimistic
Japanese e-commerce conglomerate Rakuten Group said on Wednesday that it will issue $1.8 billion of U.S. dollar-denominated 3-year senior notes at an interest rate of 11.25%.
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.
The Japanese financial group will boost its stake in a peer. It has signed a deal that will give it 49% of Rakuten Securities.
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-
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