|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.7700 - 3.7700|
|52-week range||3.3100 - 5.3250|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.07 (1.75%)|
|Ex-dividend date||30 Dec 2022|
|1y target est||N/A|
When Japan's Rakuten launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world's third-largest telecoms market. By any measure, cash-bleeding Rakuten Mobile is deeply troubled. A too-quick rollout earned Rakuten a reputation for spotty coverage it is still trying to repair.
The company will shell out quite a bit of money to own a larger piece of a fellow Japanese financial services business.
(Bloomberg) -- Mizuho Financial Group Inc. plans to increase its investment in Rakuten Group Inc.’s online securities arm, which isn’t proceeding with an initial public offering for now. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearGriffin Says Peace Dividend Over, High Inflation to Last DecadesAdam Neumann Remains a Billionaire Even With WeWork BankruptcyJapan’s third-largest banking group wi