Rakuten Group, Inc. (RKUNF)
| Previous close | 0.00 |
| Open | 6.80 |
| Bid | 5.78 x 40700 |
| Ask | 6.74 x 40000 |
| Day's range | 6.80 - 6.80 |
| 52-week range | 3.53 - 7.44 |
| Volume | |
| Avg. volume | 2,065 |
| Market cap | 13.402B |
| Beta (5Y monthly) | 0.75 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 30 Dec 2022 |
| 1y target est | N/A |
- Bloomberg
Rakuten Slides Most Since May on Fintech Reorganization Delay
(Bloomberg) -- Rakuten Group Inc.’s shares slid as much as 6.7% in their biggest intraday drop since May on delays to the Tokyo-based online shopping mall operator’s plans to combine its fintech operations.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysIsrael Says It’s Confirm
- 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.
