Rakuten Group Inc (RAK.MU)
| Previous close | 4.7520 |
| Open | 4.8735 |
| Bid | 4.9100 x 0 |
| Ask | 4.9930 x 0 |
| Day's range | 4.8735 - 4.8735 |
| 52-week range | 2.9310 - 5.3960 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Bloomberg
Rakuten Bank CEO Sees BOJ Rate Hike by October Lifting Profit
(Bloomberg) -- Rakuten Bank Ltd. expects the Bank of Japan to hike rates again later this year after scrapping its negative interest rate policy in March, in a move that will likely boost profits for the Japanese online financial firm.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USGameStop Shares Double as Gill Post Shows $116 Million BetMnuchin Chases Wall Street Glory With His War Chest of For
- Reuters
Rakuten, eBay team up to test US market for used Japanese fashion goods
Japan's Rakuten Group is partnering with eBay to test U.S. demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low. The tie-up, which started on May 8 with just seven vendors on Rakuten's second-hand goods unit Rakuma, aims to capitalise on the currency effect and also a move toward bargain hunting as cost-of-living pressures around the world crimp spending. In exchange for commissions on sales, eBay lists Rakuma's selected goods for sale on its site, while a Rakuten-contracted vendor handles shipping and customer service in the U.S.
- Reuters
Rakuten logs 15th quarter of losses on mobile woes despite record financial unit profit
TOKYO (Reuters) -Japan's Rakuten on Tuesday logged its fifteenth consecutive quarter in the red as losses at its mobile service network unit outweighed a record performance from its financial unit. Its financial unit which offers online banking, brokerage, credit card and insurance services, logged an operating profit of 39.3 billion yen, up 47% from a year earlier, as its customer base grew. Rakuten has offered generous joining bonuses for new customers, who gain further discounts and perks across the other services in Rakuten's ecosystem, helping generate subscriber growth but limiting the unit's profits.
