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Rakuten Group, Inc. (RKUNF)

Other OTC - Other OTC Delayed price. Currency in USD
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5.090.00 (0.00%)
As of 09:32AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close5.09
Open5.09
Bid0.00 x 0
Ask0.00 x 0
Day's range5.09 - 5.09
52-week range3.31 - 5.90
Volume5,700
Avg. volume1,614
Market cap11.224B
Beta (5Y monthly)0.79
PE ratio (TTM)N/A
EPS (TTM)-0.93
Earnings date08 Aug 2024 - 12 Aug 2024
Forward dividend & yield0.07 (1.51%)
Ex-dividend date30 Dec 2022
1y target estN/A
  • 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.

  • Bloomberg

    Telecom Tycoons Feel Pain From Rising Mobile Woes

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  • Bloomberg

    Rakuten’s Costly Junk Bonds Signal Challenge for Japanese Billionaire Mikitani

    (Bloomberg) -- After five straight years of losses, billionaire Hiroshi Mikitani’s Rakuten Group Inc. is trying to bounce back from a move into mobile that cost it billions of dollars. Doing so is proving expensive.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarChina Tells Iran Cooperation Will Last After Attack on IsraelApple Faces Worst iPhone Slump Since Covid as Rivals RiseTes