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Rakuten Group Inc (RAK.DU)
| Previous close | 4.6075 |
| Open | 4.6355 |
| Bid | 4.6430 x N/A |
| Ask | 4.7540 x N/A |
| Day's range | 4.6185 - 4.6420 |
| 52-week range | 2.9910 - 5.4240 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 08 Aug 2024 - 12 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersRakuten 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.
ZacksRadcom (RDCM) Renews Collaboration With Rakuten Mobile
Radcom (RDCM) expands its partnership with Rakuten Mobile to include AI-powered comprehensive network analytics along with existing solutions.
ReutersRakuten Group aims to integrate bank, fintech units
TOKYO (Reuters) -Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards to securities and insurance. Rakuten Group and Rakuten Bank entered into a memorandum of understanding on the re-organisation, which is set to take effect in October, the companies said in statements. Rakuten Bank would continue to be listed on the Tokyo exchange after the integration, they added.
