Tokyo - Delayed Quote JPY

Rakuten Group, Inc. (4755.T)

901.60

+0.10

+(0.01%)

At close: 3:30:00 PM GMT+9

Rakuten Billionaire Defends Costly Mobile Foray With Big AI Bet

(Bloomberg) -- Rakuten Group Inc.’s chief dismissed skeptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is central for future growth through artificial intelligence.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNYC Commuters

Bloomberg yesterday

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Rakuten’s Mikitani Wants to Sell Bonds to Japanese Investors

(Bloomberg) -- Billionaire Hiroshi Mikitani said that his Rakuten Group Inc. is keen to sell more bonds to Japanese investors to help diversify funding that has been focused on overseas debt markets. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Chicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesScaramucci, Ackman Donate to Whitney Tilson’

Bloomberg 4 days ago

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Rakuten Advertising Reveals 2024 Cyber 5 Shopping Trends

Rakuten Advertising, the leading global affiliate marketing network, reported its 2024 Black Friday and Cyber Monday online shopping trends, revealing shoppers bought more while spending less this holiday season.

PR Newswire last month

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Mizuho Bank to merge with Defined Contribution Plan Services

After the merger, Mizuho Bank will retain its trade name, headquarters, leadership title, business activities.

Retail Banker International last month

MFG

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Amazon is beating other retailers on price, but here’s how you can beat Amazon

Bargain hunters are taking advantage of rebate platforms to bring costs down.

MarketWatch last month

AMZN

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CHWY
Mizuho to acquire 15% stake in Rakuten Card

The share transfer is planned for 1 December 2024.

Retail Banker International 2 months ago

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MFG
Mizuho Financial Group to buy 15% of Rakuten Card for $1 billion

Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday. The two groups agreed late last year for Mizuho to raise its stake in group firm Rakuten Securities to nearly half as Rakuten Group struggled financially, dragged down by its unprofitable mobile network unit. Rakuten said the sale of the Rakuten Card stake would result in a special profit of 159.35 billion yen at the unconsolidated level in the financial year ending in December.

Reuters 2 months ago

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Rakuten Reveals Key Consumer Behaviors and Motivators This Holiday

The company’s two reports dig into consumer sentiments on saving and a disconnect between retailers and shoppers.

WWD 2 months ago

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Rakuten Advertising Expands AI-Powered Partnership Discovery to APAC Market with New Brand Search Functionality

Rakuten Advertising, the leading global affiliate marketing network, announced the launch of its AI-driven Partnership Discovery solution for advertisers in the Asia-Pacific (APAC) market. This innovative solution, which has already transformed how advertisers find new partners in the US and UK, will empower advertisers in the Rakuten Advertising APAC network to identify the most effective publisher partners for high-performance affiliate campaigns.

PR Newswire 4 months ago

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Rakuten Advertising Wins "Best Performance Marketing Solution" in 2024 MarTech Breakthrough Awards Program

Rakuten Advertising, the leading global affiliate marketing network, today announced that it has won the "Best Performance Marketing Solution" award in the seventh annual MarTech Breakthrough Awards program conducted by MarTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global marketing, sales and advertising technology industry.

PR Newswire 5 months ago

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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

Bloomberg 5 months ago

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Rakuten Card rolls out English language app to enhance user accessibility

The new Rakuten Card Lite app enables customers to review credit card statements and change payment settings in English

Electronic Payments 6 months ago

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ASCO24: Rakuten’s photoimmunotherapy and Keytruda combo shows efficacy in HNSCC

A Phase III trial evaluating Rakuten’s photoimmunotherapy in combination with Keytruda in recurrent HNSCC is planned for H2 this year.

Pharmaceutical Technology 6 months ago

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EXCLUSIVE: Rakuten Launches Invite-only Membership Program for Luxury Shopping

The new Rakuten+ program will bring its cash back incentives to high-value shoppers as the company aims to foster lifelong loyalty.

WWD 7 months ago

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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.

PR Newswire 7 months ago

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Rakuten and eBay to trial demand for used Japanese fashion in US

The partnership will consider a full-scale launch based on the reaction to the trial.

Retail Insight Network 7 months ago

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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 7 months ago

EBAY

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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.

Reuters 8 months ago

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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

Bloomberg 8 months ago

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BX
Rakuten’s Costly Junk Bonds Signal Challenge for Japanese Billionaire Mikitani

(Bloomberg) -- After five straight years of losses, billionaire Hiroshi Mikitani’s Rakuten Group Inc. is trying to bounce back from a move into mobile that cost it billions of dollars. Doing so is proving expensive.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarChina Tells Iran Cooperation Will Last After Attack on IsraelApple Faces Worst iPhone Slump Since Covid as Rivals RiseTes

Bloomberg 9 months ago

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Performance Overview

Return	4755.T	Nikkei 225
YTD	+4.97%	-2.17%
1-Year	+38.45%	+8.52%
3-Year	-16.18%	+41.81%

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Rakuten Group, Inc. (4755.T)

Rakuten Billionaire Defends Costly Mobile Foray With Big AI Bet

Rakuten’s Mikitani Wants to Sell Bonds to Japanese Investors

Rakuten Advertising Reveals 2024 Cyber 5 Shopping Trends

Mizuho Bank to merge with Defined Contribution Plan Services

Amazon is beating other retailers on price, but here’s how you can beat Amazon

Mizuho to acquire 15% stake in Rakuten Card

Mizuho Financial Group to buy 15% of Rakuten Card for $1 billion

Rakuten Reveals Key Consumer Behaviors and Motivators This Holiday

Rakuten Advertising Expands AI-Powered Partnership Discovery to APAC Market with New Brand Search Functionality

Rakuten Advertising Wins "Best Performance Marketing Solution" in 2024 MarTech Breakthrough Awards Program

Rakuten Slides Most Since May on Fintech Reorganization Delay

Rakuten Card rolls out English language app to enhance user accessibility

ASCO24: Rakuten’s photoimmunotherapy and Keytruda combo shows efficacy in HNSCC

EXCLUSIVE: Rakuten Launches Invite-only Membership Program for Luxury Shopping

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

Rakuten and eBay to trial demand for used Japanese fashion in US

Rakuten, eBay team up to test US market for used Japanese fashion goods

Rakuten logs 15th quarter of losses on mobile woes despite record financial unit profit

Telecom Tycoons Feel Pain From Rising Mobile Woes

Rakuten’s Costly Junk Bonds Signal Challenge for Japanese Billionaire Mikitani

Performance Overview