|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.80 - 8.96|
|52 Week Range||6.30 - 9.05|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||9.09|
|Forward Dividend & Yield||0.08 (0.93%)|
|1y Target Est||N/A|
Rakuten Inc. may soon expect its more than 17,000 employees to know how a computer compiles a program and understand the difference between a CPU and GPU (one is the brains of a PC, the other runs the graphics). Mikitani, a trailblazer in Japan’s internet economy, is considering this dramatic step as his e-commerce empire faces increasing pressure from the likes of Amazon.com Inc. It’s an attempt to keep the skills of employees up to date and answer the question -- do you need to know programming to work in tech? “If you’re working for Toyota, for example, you know how the automobile works -- basic structure of the engine, suspension and so forth,” Mikitani told Emily Chang of Bloomberg Television.
Gaming and Social Media: Facebook, Snapchat, Twitter, and EA(Continued from Prior Part)Lyft is reportedly seeking to raise $2 billion through its IPOLyft may debut in public markets as early as next week, according to The Wall Street Journal. The
Rakuten TV, the Japanese e-commerce giant's effort to take on Netflix and Amazon in the world of video streaming, has been a minor player when it comes to market share for online entertainment, with a mere 7 million users of its service. The company is adding 30 new countries in Europe where the service will operate, bringing the total across the region and Japan to 42. The two moves together underscore how Rakuten may not have been among those riding the wave as video streaming has exploded in popularity -- compare its 7 million users with the 139 million users Netflix reported in its most recent earnings -- but it does not seem ready to throw in the towel on it, either.
Japanese e-commerce firm Rakuten plans to expand its video-on-demand streaming service to 42 European countries, partnering with leading smart TV makers to offer movies in high-definition at the push of a remote-control button. The move positions Rakuten TV as a niche player offering 'cinema at home' to viewers who typically pay 4.99 euros ($5.64) to watch a recent Hollywood release, alongside streaming giants Netflix and Amazon Prime Video. All three have branded buttons on remote controls of internet-enabled smart TVs made by firms such as Samsung Electronics, LG, Philips and Hisense.
Alphabet's (GOOGL) Google introduces tutoring app 'Bolo' in India for kids studying in primary schools to improve the literacy rate of the country.
Rakuten invested $300 million in Lyft in 2015, when the ride-hailing company was trying to avoid being crushed by Uber. The investment made Rakuten the biggest investor in Lyft. SoftBank later became the top backer of Uber, pitting two Japanese tech giants against each other in the U.S.
Hiroshi "Mickey" Mikitani’s e-commerce group Rakuten Inc. owns 13.1 percent of the ride-hailing company’s Class A shares, offering documents show. Rakuten, Japan’s largest online retailer, owns an eclectic assortment of side businesses including a professional baseball team and a bus service. It first invested in Lyft in 2015, acquiring an 11.9 percent stake for $300 million.
Japanese e-commerce firm Rakuten plans to become Japan's fourth mobile operator this year with what its says is the world's first fully cloud-based mobile network, creating a potential template for international expansion. Rakuten, which started out as a two-man outfit in 1997 and has grown to post annual revenues of $10 billion, is already trialling the network with early users as it looks to run mobile services in a scalable, low-cost way. "We can disrupt the telecoms industry and bring huge value to customers," Rakuten's founder Hiroshi 'Mickey' Mikitani told a packed presentation at the company's stall during the Mobile World Congress on Wednesday.
-Rakuten plans to deploy a disruptive next generation end-to-end cloud-native mobile network with small cells, based on Qualcomm FSM Small Cell Platforms, as a key component- BARCELONA, Spain , Feb. 25, ...
Rakuten Mobile Network (RMN), a wholly owned subsidiary of Rakuten, Inc., a global leader in internet services and soon to be operator of Japan's newest mobile network, announced on February 12 it plans to launch commercial services via its new mobile network in October 2019 with an innovative cloud- native architecture that is fully virtualized from radio access to core, with end-to-end automation for both network operations and services.
Viber, the messaging app owned by Japanese e-commerce firm Rakuten, is poisedto implement a controversial new strategy that will see it charge companiesthat run chatbots on its platform
Chinese e-commerce company JD.com is taking its drone delivery system to Japan. Rakuten, the Japanese e-commerce giant, just announced a partnership with JD that will see its drones and unmanned vehicles become a part of Rakuten's own unmanned delivery service efforts. JD has been operating drones in its native China for a number of years, and it has wider expansion plans having recently gained a regional-level operating license.
ViSenze, a startup that provides visual search tools for online retailers likeRakuten and ASOS, announced today that it has raised a $20 million Series C
SAN JOSE, Calif., Jan. 23, 2019 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (VIAV) today announced that Rakuten, Inc., one of the world's leading internet services companies and soon to be the newest mobile network operator in Japan, has selected the VIAVI TM500 system to support the rapid deployment of a nationwide, end-to-end cloud-native mobile network.
SAN MATEO, Calif. , Nov. 20, 2018 /PRNewswire/ -- Rakuten business units have teamed up to identify some of the key traits of holiday gift-buyers across the United States . The research – which examines ...
SAN FRANCISCO, Sept. 7, 2018 /PRNewswire/ -- Spartan and Rakuten, Inc. have entered a global partnership designating Rakuten as the exclusive Global Innovation Partner and "Powered by" partner of the world's largest obstacle race and endurance brand. The multi-year partnership was announced today at Rakuten's inaugural "Rakuten Optimism" event in San Francisco. "I am excited to have Rakuten partner with Spartan, an organization with a passionate following and one that, like Rakuten, strives to motivate and empower its members and community," said Rakuten, Inc. founder and CEO Hiroshi "Mickey" Mikitani.