4755 Rakuten GroupWatchlist
About Rakuten Group Company
Rakuten is a leading e-commerce and fintech service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, Rakuten Securities, and decided to become the fourth mobile network operator in Japan, started its full service in April 2020. Mergers and acquisitions in internet and e-finance businesses have driven growth. The loyalty programme, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 80% of revenue is generated from the Japanese market and the firm has been scaling back its unprofitable overseas business.
Rakuten Group Retains Control Over Rakuten Bank Amid Secondary Offering, Boosts Equity by 60 Billion Yen
Rakuten Group (TYO:4755) expects the secondary offering of its common stock of Rakuten Bank to result in an extraordinary gain of approximately 60 billion yen for the fiscal year ending on Dec 31, bas
Japan's Rakuten Group plans to launch its own large-scale language model within the next two months
Japan's Rakuten Group CEO Hiroshi Mikitani (Hiroshi Mikitani) said in an interview on Monday that the company plans to launch its own artificial intelligence language model within the next two months.
Rakuten Plans to Sell Stake in Bank Unit to Overseas Investors - Report
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$Rakuten Group(4755.JP)$'s shares experienced a surge on Monday morning following the company's report of narrowing losses in its mobile unit and assurances regarding its debt c...