Rakuten Stock News

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...

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.

Rakuten Group, Inc.'s Q2 top line and operating loss beat expectations, and investors reacted favorably to the company's results beat. The Fintech segment's revenue grew by +12.0% YoY in the second quarter, thanks to the good performance of its internet banking and payment solutions sub-segments. The Mobile segment's losses have narrowed for the recent quarter, as this business benefited from p...

Rakuten Group, Inc. (OTCPK:RKUNY) Q2 2024 Earnings Conference Call August 9, 2024 2:15 AM ET Company Participants Hiroshi Mikitani - Chairman, President & Chief Executive Officer Kenji Hirose - Chief Financial Officer Ting Cai - Group Senior Managing Executive Officer, Chief Data Officer, Group Senior Managing Executive Naho Kono - Managing Executive Officer and CMO, Rakuten Mobile, Inc. Confer...

Product updates will help advertisers and publishers leverage automation, data transparency, AI and more NEW YORK , May 29, 2024 /PRNewswire/ -- 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 I...