Australia markets closed

Rakuten Group, Inc. (RKUNF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
Add to watchlist
4.9200-0.1700 (-3.34%)
At close: 01:46PM EDT
Full screen
Trade prices are not sourced from all markets
Previous close5.0900
Open4.9500
Bid0.0000 x 0
Ask0.0000 x 0
Day's range4.9200 - 4.9900
52-week range3.3100 - 5.9000
Volume160
Avg. volume1,547
Market cap10.6B
Beta (5Y monthly)0.79
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.07 (1.51%)
Ex-dividend date30 Dec 2022
1y target estN/A
  • 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.

  • Bloomberg

    Telecom Tycoons Feel Pain From Rising Mobile Woes

    (Bloomberg) -- Billionaires who built their fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled