Rakuten Aktie News

Japan's Rakuten aims to invest at least $100 million and increase its headcount by 8% in India this year to strengthen its global operations, a top executive of the internet conglomerate told Reuters.

My Buy rating for Rakuten Group is unchanged, as I think that investors' major concerns about the stock have eased. RKUNF's credit health is expected to improve for the future; the company has targeted to reduce its net leverage metric by half within the next 2 years. RKUNY's wireless unit is anticipated to become EBITDA-positive in FY25 on the back of subscriber growth and ARPU expansion.

The financial advisory joint venture of the securities arms of Mizuho Financial Group and Rakuten Group is aiming to reach 50 billion yen ($357 million) in customer assets in its first five years of operations, its chief executive said.

Japan's largest credit card company, Rakuten Card, is aiming to almost double its annual operating profit to 100 billion yen ($663.7 million) in the medium term and sees opportunity in expanding into the largely untapped business-to-business payments market, its new chief executive officer said.

PITTSBURGH & ATLANTA--(BUSINESS WIRE)--Brunner, a leading independent, integrated marketing agency, announced today its acquisition of Rakuten Advertising's Performance Solutions group, which includes its paid search and programmatic planning and buying teams. This strategic move aims to enhance Brunner's vision for growth and innovation, strengthening the agency's already robust media capabili...

Marcode bolsters Rakuten Advertising's affiliate link protection by combatting keyword bidding and cookie insertion NEW YORK , Feb. 3, 2025 /PRNewswire/ -- Rakuten Advertising, the leading affiliate marketing network, announced a partnership with Marcode to safeguard its network against link hijackers. With the help of Marcode's Brand Protection module, Rakuten Advertising will better protect b...

Rakuten Group, Inc. (OTCPK:RKUNY) Q3 2024 Earnings Conference Call November 13, 2024 1:45 AM ET Company Participants Hiroshi Mikitani - Chairman, President and Chief Executive Officer Kenji Hirose - Chief Financial Officer Ting Cai - Group Senior Managing Executive Officer, Chief Data Officer, Group Senior Managing Executive Conference Call Participants Unidentified Company Representative Good ...

Rakuten achieved positive quarterly operating profit for the first time in 17 quarters, with an operating income of JPY 537 million for Q3 2024. RKUNY suffered from operating losses for four straight years running in the 2020-2023 time frame, and I expect a turnaround with expectations of positive operating profit for Rakuten in 2025. I stick to my existing Buy rating for Rakuten, as it has rea...