Rakuten Bank's customer growth is credited to its reward point system aimed at retaining users. The bank may also gain from potential interest-rate hikes by the Bank of Japan, as most of its investment assets are tied to floating rates.
The$阿里巴巴(BABA.US)$shed 1.09% to $80.71 Thursday, on what proved to be an all-around rough trading session for the stock market, with the$纳斯达克综合指数(.IXIC.US)$falling 1.37% to 11,066.81 and Dow Jones Industrial Average falling 0.35% to 30,076.68. This was the ADR's third consecutive day of losses.$阿里巴巴(BABA.US)$closed $101.38 short of its 52-week high ($182.09), which the company reached on October 22nd. ...
The ADR outperformed some of its competitors Monday, as Amazon.com Inc.$亚马逊(AMZN.US)$, fell 3.62% to $133.22, eBay Inc.$eBay(EBAY.US)$, fell 3.57% to $45.39, and Rakuten Group Inc.$乐天集团(ADR)(RKUNY.US)$, fell 2.50% to $5.08. Trading volume (15.4 M) remained 10.9 million below its 50-day average volume of 26.3 M. The Alibaba$阿里巴巴(BABA.US)$, inched 0.45% higher to $90.03 Monday, on what proved to be an all-arou...
The Alibaba Group Holding Ltd. ADR$阿里巴巴(BABA.US)$, slid 6.09% to $101.45. The ADR underperformed when compared to some of its competitors, as Amazon.com Inc.$亚马逊(AMZN.US)$, fell 3.72% to $103.66, eBay Inc.$eBay(EBAY.US)$, fell 5.58% to $41.08, and Rakuten Group Inc.$乐天集团(ADR)(RKUNY.US)$, fell 2.27% to $4.73. Trading volume (22.0 M) remained 5.4 million below its 50-day average volume of 27.4 M.
Tencent is trending lower this morning, as Japan's Chief Cabinet Secretary Kato says Tencent's Rakuten investment will be handled based on law. Rakuten planned to raise $2.2 billion by issuing new shares to Japan Post, Walmart and an investment firm backed by Tencent. $腾讯控股(00700.HK)$ $乐天集团(ADR)(RKUNY.US)$
JESSIE DUNCAN : slow down and spike by noontime?
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