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Rakuten Group, Inc. (RKUNF)

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5.75+0.25 (+4.55%)
At close: 09:30AM EDT
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  • PR Newswire

    Rakuten Advertising's Affiliate Intelligence Delivers AI-Driven Capabilities to the Affiliate Industry

    Rakuten Advertising, the leading global affiliate marketing network, revealed product and organizational updates to realize the company's Affiliate Intelligence vision. Focused on expanding the use of data and AI to aid human intelligence, Affiliate Intelligence is an ongoing initiative to stimulate growth in advertiser and publisher relationships with solutions that build on innovative insights and strong industry partnerships to enable exceptional campaign performance.

  • 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.