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Rakuten Group, Inc. (RKUNY)

Other OTC - Other OTC Delayed Price. Currency in USD
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9.84-0.31 (-3.05%)
At close: 03:47PM EST
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  • H
    Heinrich
    Cash Back + Pay Later

    In the Latest BNPL Twist, Afterpay Users Can Rack up Cash Back in a Rakuten Program

    Kevin Woodward December 6, 2021

    Consumers have flocked to buy now, pay later services, but providers still have to find ways to stand out. Afterpay Ltd. hopes to do that by enabling consumers who have a Rakuten account to earn cash back in the Rakuten program.

    Announced Monday, the Afterpay program enables Afterpay users who also enroll in the Rakuten service to earn cash that can be paid out as a check or to a PayPal Holdings Inc. account.

    Australia-based Afterpay, which has U.S. headquarters in San Francisco, says it wants to encourage consumers to take advantage of both services when they shop at participating retailers, a spokesperson says. Among participating merchants are MAC Cosmetics, Crocs, Ulta Beauty, Urban Outfitters, and Ray-Ban. The rates for earning cash back will vary by merchant, as it typically does for consumers using Rakuten.

    “This is the first time that Afterpay and Rakuten are coming together to stack the power our platforms, and communicate the combined benefits to both retailers and consumers,” the spokesperson says.

    https://www.digitaltransactions.net/in-the-latest-bnpl-twist-afterpay-users-can-rack-up-cash-back-in-a-rakuten-program/
    Bullish
  • H
    Heinrich
    Meet Symware

    Hardware spending is yesterday's problem. This is network operations simplified.

    https://symphony.rakuten.com/symware#utm_source=newsletter&utm_medium=email&utm_campaign=INB_Newsletter_Highlights_1_December_2021
    Bullish
  • H
    Heinrich
    Rakuten Mobile and Rakuten Symphony

    In August of this year, around 16 months after initial launch, Rakuten Mobile counted 5 million subscribers on its facilities-based and MVNO 4G and 5G networks. Right now the carrier is working on coverage expansion, deploying millime ter wave 5G, and planning for the transition to standalone 5G. The ultimate vision is for 4,000 micro data centers, along with centralized data centers, supporting around 80,000 4G and 5G base stations.

    Perhaps more significant than what it has done in its home market is the work Rakuten has done to productize and sell its approach to building a cloud-native network using Open RAN principles. In addition to development of the Rakuten Communications Platform, Rakuten Group recently created the Rakuten Symphony organization to drive global adoption of its telecom network infrastructure and services, including RCP. With operations across Japan, the Unit ed States, Singapore, India, Europe and the Middle East Africa region, Rakuten Symphony aims to bring together all of Rakuten’s telco prod ucts, services and solutions under a single global portfolio to offer 4G and 5G infrastructure and platform solutions to customers worldwide.

    Rakuten has long promoted capex and opex savings associated with its approach to building a network rather than a more traditional build: a 40% capex reduction comes from lower deployment and hardware costs chalked up to virtualized network functions and pooling network resources, and a 30% opex reduction from less rent, less maintenance and more network automation. It’s worth noting that, in breaking out these reductions attributed to the RCP approach, Rakuten does project increased costs from data center capacity and data transmission which maps to an architecture involving distributed edge compute facilities.

    U.S.-based vRAN software specialist Altiostar was a major vendor to Rakuten Mobile for its build in Japan, and the company is part of the tech stack included in Rakuten Communications Platform as sold by Symphony. In August, Rakuten Group announced it will acquire Altiostar based on a $1 billion valuation. Altiostar CEO Ashraf Dahod said the acquisition will help accelerate technology development and, in turn, time to innovation. “Open RAN architecture and virtualization are key to building software-centric networks that can scale and adapt to meet an explosion of devices and applications driving service velocity and profits.”

    Altiostar’s Shabbir Bagasrawala, head of product go-to-market, said the company has evolved from a RAN software company to having a “portfolio we can present to customers, especially on the automation side. When we did Rakuten, we were focusing on automation. We were focusing on a lot of things that were innovative for the industry as a whole. With the acquisition, it allows us to offer this up to other customers. Previously we were thinking about deploying our RAN software and trying to retrofit some of that automation into an existing telco space. This is something we can give you and you can start using it immediately. You can get all these benefits. And we obviously get the scale of Rakuten.

    https://f.hubspotusercontent40.net/hubfs/8928696/20211019%20Open%20RAN%202022%20Report%20Update.pdf
  • H
    Heinrich
    Japan eyes 2022 open RAN move

    Authorities in Japan reportedly hatched a plan to work with local open RAN advocates to deploy a sizeable trial network using the architecture in 2022, in an attempt to drive use of suppliers based in the country.
    Nikkei Asia reported the so-called experimental wide-reaching network would be be based in a central campus close to Toyko and connected to other sites within a 30km radius.

    Companies rumoured to be involved include open RAN champions Rakuten Mobile, NTT Docomo and vendor NEC. The project is set to be led by Japan’s Ministry of Internal Affairs and Communications.
    Japanese operators NTT Docomo and Rakuten Mobile have been extremely vocal in their support for open RAN, having made moves to use and develop the technology within their own networks, and promote it outside of their home market.

    https://www.mobileworldlive.com/featured-content/top-three/japan-eyes-2022-open-ran-move
  • H
    Heinrich
    Apcopay works with Viber for payments through chatbots.

    13 OCTOBER 2021

    The international payment brand Apcopay, a member of Apco Systems, announces its collaboration with the popular chat messaging platform, Rakuten Viber and brings payments through chatbots in Greece for the first time.

    Apcopay works with Rakuten Viber, one of the safest and most modern call and messaging platforms, so that its users can purchase products and services for direct payment through the chatbots of merchants and businesses on the platform.

    Payments through chatbots on Viber are an easy way for small, medium or large businesses to create an additional sales and marketing channel through which they are in constant contact with their customers to promote their services and products more efficiently.

    All payments – initially by credit and debit cards and later through Apple Pay and Google Pay – are routed through Apcopay’s certified PCIDSS (level 1) payment platform.

    https://emeastartups.com/apcopay-works-with-viber-for-payments-through-chatbots/6393
    The international payment brand Apcopay, a member of Apco Systems, announces its collaboration with the popular chat messaging platform, Rakuten Viber and brings payments through chatbots in Greece for the first time.
    The international payment brand Apcopay, a member of Apco Systems, announces its collaboration with the popular chat messaging platform, Rakuten Viber and brings payments through chatbots in Greece for the first time.
    emeastartups.com
  • H
    Heinrich
    Leading Lights 2021 Award Highlights Altiostar’s Leadership, Momentum

    In an industry-wide competition voted on by analysts and journalists from Light Reading, Altiostar won the Leading Lights Award for Private Company of the Year for 2021!

    However, between the time we submitted our entry and before the award was announced, Altiostar was acquired by Rakuten Group. So, even though we won the award, we’re no longer the same private company we were when we entered the competition.

    The award ceremony organizers put it in the right context in an article celebrating all the winners: “During this contest period, the RAN software vendor was purchased by one of its customers – and investors – Rakuten. As such, the company goes from being one in a competitive field of open RAN suppliers to the engine helping drive Rakuten’s network-as-a-service aspirations.”

    Altiostar is now part of Rakuten Symphony, a new organization that is looking to take the learnings from Rakuten Mobile and offer it as a platform to other operators.

    Altiostar ownership has changed, but our mission hasn’t – and neither has our momentum. Altiostar and Rakuten are focused on the Open RAN revolution of mobile networks. Open RAN is a movement that is upending how wireless networks are built. It delivers more performance, more agility, and lower costs for operators worldwide.

    Altiostar and Rakuten Mobile have worked together for years and have achieved a series of firsts that have demonstrated the performance and cost advantage of 4G and 5G Open vRAN at scale. This started with the deployment of the first ever Open RAN network in Japan and has continued up to October’s launch of Symware, a next-generation distributed RAN and transport solution that will change how networks will be deployed.

    In the past year, we have continued to expand our market leadership and grow our customer base with new trials and deployments across the globe. The new ownership provides the resources for Altiostar to expand its team, its product line, and its market share.

    Altiostar won the Private Company of the Year award because of its leadership and market momentum. Now that we’re part of Rakuten Symphony we expect both of those to continue to grow.

    https://www.altiostar.com/leading-lights-2021-award-highlights-altiostars-leadership-momentum/
    Bullish
  • H
    Heinrich
    The continue of the low interest-rates are a sign of the high credit-worthiness of Rakuten:

    https://global.rakuten.com/corp/investors/stock/bond.html
  • H
    Heinrich
    “Get out of the lab. I think we have done enough lab testing… This technology works, it works really well… there are huge opportunities here.”

    How Germany will harness advanced connectivity honed in Japan

    2 hours ago

    One of Germany’s leading internet companies, 1&1, is building a groundbreaking 5G network that promises to deliver a step change in the performance of mobile connectivity. Drawing on Rakuten Mobile’s experience in Japan, 1&1 and Rakuten Symphony are setting up the network with a radical new radio architecture, called Open RAN (radio access network), in Germany – it will be the first fully virtualized mobile network in Europe.

    In a panel discussion at Rakuten Optimism 2021, Michael Martin, CEO, Drillisch Netz AG and Director Mobile Radio Network, 1&1 Telecommunication SE, explained how Rakuten Mobile has paved the way for his company and other operators to take advantage of highly flexible and cost-effective Open RAN technology.
    “Two, three years ago, I think the time wouldn’t have been ready, not even for a greenfield operator, to start with an Open RAN architecture immediately,” he said during a panel discussion with Tareq Amin, CEO of Rakuten Symphony and Group CTO of the Rakuten Group, moderated by Rabih Dabboussi, Chief Revenue Officer of Rakuten Symphony. But since Rakuten has “built this Open RAN 1.0 network already in Japan, we are confident that you already made your mistakes in Japan and can take the learnings into our Germany Open RAN 2.0 network and I am very confident that we will have a successful Open RAN implementation.”

    The most advanced architecture yet

    In the same session, Amin described the mindset and entrepreneurship of 1&1, which is a highly successful mobile virtual network operator in Germany, as “utterly amazing,” adding: “I think we are going to do something even better than we have done in Japan.”

    Noting that radio access equipment accounts for at least 70% of the capital spending required to build a cellular network, Amin explained that Open RAN technology is designed to make cellular networks as elastic as IT systems working in the cloud, meaning they can scale up and down in line with demand.

    The new network will be able to heal itself, organize itself, optimize itself and be able to adapt its capacity to usage, added Amin. The net result is that end-users will enjoy better coverage and greater reliability.

    Total transparency on costs

    Another innovative feature of the partnership between Rakuten Symphony and 1&1 is an unprecedented level of cost transparency. “To my knowledge, this is the first contract that has ever been signed in which we guaranteed [total cost of ownership] transparency to our partner,” Amin said.

    Martin described the partnership with Rakuten as one of three key pillars of its plan to deploy a 5G network in Germany. The other pillars are Open RAN and 1&1’s existing customer base, which numbers more than 10 million.

    Solving the coverage conundrum

    Having acquired spectrum in auctions in Germany, 1&1 now has to build 1,000 5G sites by the end of 2022 and reach 25% population coverage by 2025 and then 50% population coverage by 2030. “We are very confident that we will reach those coverage obligations even faster,” Martin said. In areas where 1&1 doesn’t have coverage, customers will be able to make use of Telefónica’s network through a national roaming agreement.

    Will other operators follow suit?

    As a greenfield operator, 1&1 has the advantage of building a network from scratch. But Martin encouraged brownfield operators with existing networks to also roll out Open RAN technologies. “One thing is clear…the networks that don’t change, there will be a forced change in the future,” he warned. “I am rather feeling more secure to be on the front-runner side, instead of (on) the following side.”

    The industry increasingly regards Open RAN as a necessity, Amin added. “In the last six months in the industry, we all have seen a tremendous mindset shift across the board. We are stronger if the entire ecosystem believes in the same values of bringing an agile, software-driven connectivity platform,” he noted. “Get out of the lab. I think we have done enough lab testing… This technology works, it works really well… there are huge opportunities here.”

    https://rakuten.today/blog/germany-will-harness-advanced-connectivity-honed-in-japan.html
  • H
    Heinrich
    Excellent for Rakuten Symphony

    Autonomous intelligent networks market potential revenue may reach $900B annually

    Posted By J'son & Partners Consulting
    Tuesday 30 November 21

    Implementation of highly autonomous intelligent end-to-end NMS/OSS/BSS processes by ICT-infrastructure operators and service providers enables extremely high economic benefits.

    The transition from L0/L1 levels of autonomy to L2/L3 leads to a two-fold decrease of direct operational expenses on ICT-infrastructure management and services provisioning. On a scale of the global telecom services market, it means annual margin increase of telecom service providers to $144B.

    Along with a decrease of direct operation costs, the transition enables telcos to provide Network as a Service (NaaS) together with the ability to keep the extremely high level of average ICT-resources utilization – up to 90%. Potentially, it will allow a new market segment to generate $900B of revenue annually and $585B of margin.

    https://www.totaltele.com/511817/Autonomous-intelligent-networks-market-potential-revenue-may-reach-900B-annually
    Bullish
  • H
    Heinrich
    DISH Selects Rakuten Symphony for Observability and Service Assurance Solution

    LITTLETON, Colo. and TOKYO, Nov. 23, 2021 /PRNewswire/ -- DISH Network Corporation (NASDAQ: DISH) selected Rakuten Symphony's observability framework (OBF) to collect telemetry data from all network functions that will enable the use of artificial intelligence and machine learning to operate and optimize the DISH 5G network.

    DISH is adding Rakuten Symphony to its roster of modern telco infrastructure vendors that support OpenRAN and cloud-native technologies as a provider of Operational Support Systems (OSS) services. Together, DISH's roster of OSS vendors will aggregate service assurance, monitoring, customer experience and automation through a singular platform on the DISH 5G network.

    The OBF will bring even greater visibility into the performance and operations of the network's cloud-native functions with near real-time results. This collected data will be used to optimize networks through its Closed Loop Automation module, which executes procedures to provide automatic scaling and healing while minimizing manual work and reducing errors.

    The agreement strengthens the operability of DISH's cloud-native, OpenRAN 5G network and lays the foundation for further collaboration in advancing OpenRAN and cloud-native network technologies.

    https://www.finanzen.net/nachricht/aktien/dish-selects-rakuten-symphony-for-observability-and-service-assurance-solution-10776592
    Bullish
  • H
    Heinrich
    Rakuten, Sequoia, and more pour $5.4m into traveltech firm

    Deepti Sri · 11 Oct 2021

    Airalo, a US-based traveltech startup, raised US$5.4 million in its latest round of funding.
    More funding details

    • Lead investor: Rakuten Ventures

    • Returning investors: Sequoia Capital India’s Surge, Antler, Singtel Innov8, Wayra (Telefonica), LG Technology Ventures, Go Ventures, Ground Control, Plug and Play, and I2BF

    • Stage: Series A

    More company updates

    • Airalo will use the new funds to expand the coverage of its global embedded SIM (eSIM) cards, grow its in-app services, and improve its user experience.

    • The company aims to bring instant connectivity to users by allowing travelers to buy virtual eSIM packages. Users can download the firm’s plan directly onto their phones without having to swap their existing SIM cards.

    • Airalo said it has increased the number of daily users on its platform by 15x since October 2019. It is also looking to establish partnerships in the telecom and travel industry.

    • The traveltech firm previously secured US$1.9 million in seed funding from Sequoia Capital India’s scale-up program Surge, and Antler.

    https://www.techinasia.com/rakuten-antler-sequoia-singtel-innov8-pour-54m-traveltech-firm
    Bullish
  • H
    Heinrich
    ShopBack acquires fintech startup Hoolah

    Tuesday 2 November 2021 15:20 CET | News

    Singapore-based online shopping rewards app ShobBack has purchased local fintech startup Hoolah to expand its services and integrate Buy Now, Pay Later options.

    Currently, ShobBack offers rewards and cashback services to consumers on properties of Alibaba Group Holding Ltd. and several other online retailers but aims to diversify its operational portfolio.

    ShopBack received financial support from Rakuten Capital to expand its influence over the Asian online shopping market, as it gains popularity among clients. It was founded in 2014 in Singapore and provides comparison features, voucher codes, and coupons to customers across the Far East and Australia regions.

    https://thepaypers.com/ecommerce/shopback-acquires-fintech-startup-hoolah--1252513#
    Singapore-based online shopping rewards app ShobBack has purchased local fintech startup
    Singapore-based online shopping rewards app ShobBack has purchased local fintech startup
    thepaypers.com
  • H
    Heinrich
    Excellent for Rakuten TV

    Excellent for Rakuten TV

    2022 will see the eruption of CTV

    It’s been growing, and I expect it’s going to explode in 2022. According to OFCOM, broadcast TV’s share of all adult viewing fell to 61% last year in the UK, and that number is only going to drop further. This creates a great opportunity for CTV to thrive.

    While the shift from broadcast to CTV is happening, ad spend has yet to completely catch up - but it’s already on its way. Data from eMarketer has revealed that CTV ad spend will reach USD$14.44bn (£10.8bn) this year, up 59.9% from 2020. This increase is a clear indication that 2022 will follow suit. For brands, it’s an exciting time to expand into CTV and reap the benefits. The market isn’t as saturated, so they will have better exposure.

    https://www.exchangewire.com/blog/2021/12/01/predictions-2022-tv-ctv-and-video/
    Bullish
  • H
    Heinrich
    Buy with a price target of ¥2234

    We value Rakuten using a normalized EBITA multiple. We apply a country-specific multiple of 14 for Japan. This takes into account the country’s nominal inflation, nominal risk-free rate, real return, and its equity risk premium. This translates to a discount rate of 9.4%. We apply a premium to the Internet & Fintech business and a discount to the mobile business for a blended multiple to account for business model-specific risk. We thus apply a blended 16.4 EBITA multiple to 2025 earnings.

    Rakuten has been dragged through the mud for the past few years. However, we are getting to a point in time where the end is in sight and long-term investors can see through the storm at a great asset being sold at a bargain price. We rate the company a Buy with a price target of ¥2234, implying 99% upside from current levels.

    https://seekingalpha.com/article/4450502-rakuten-a-pot-of-gold-at-the-end-of-the-rainbow
    A return to normalized margins for Rakuten could see 99% upside in the near term, with modest top line growth.
    A return to normalized margins for Rakuten could see 99% upside in the near term, with modest top line growth.
    seekingalpha.com
  • H
    Heinrich
    Dec 1, 2021,02:30am
    Ride-Hailing Player Cabify Eyes Profits By Year’s End

    Jonathan Keane
    Freelance technology journalist covering the gig economy.

    While the world attempts to take stock of the omicron variant and its impact on travel, ride-hailing giant Cabify said it expects to close out the year with a profit.

    Cabify is headquartered in Spain but its operations, which include grocery delivery and micromobility rentals, are largely in Latin America.

    The company said in a statement that it expects to close the final quarter of 2021 with turnover of $167 million and full year revenue of $516 million.

    "In addition, the company expects to reach profitability in December, demonstrating the ability to generate positive EBITDA and growth despite the pandemic," its statement said.

    Cabify operates in seven countries in Latin America, including major markets like Chile and Mexico, as well as its native Spain.

    https://www.forbes.com/sites/jonathankeane/2021/12/01/ride-hailing-player-cabify-eyes-profits-by-years-end/?sh=299a39de3202
  • H
    Heinrich
    Rakuten Advertising's "Accelerate" Quickens Affiliate Marketing Growth And Fuels Market Expansion

    SAN MATEO, Calif., Oct. 26, 2021 /PRNewswire/ — Rakuten Advertising has introduced Accelerate, a fully-managed, affiliate marketing program led by experienced analysts leveraging unique data insights, competitive intelligence, custom campaign modeling and publisher matchmaking to optimize performance marketing spend with unprecedented speed.

    Unlike other affiliate programs, Accelerate assumes the financial risk of testing new publishers, meaning advertisers are guaranteed to only pay for performance. By tapping into the company’s network of 150,000 publishers in North America, EMEA, APAC and LATAM, Accelerate makes it simple and profitable for brands to expand into new markets and drive incremental sales.

    “Accelerate allows advertisers to enjoy the benefits of affiliate marketing in a way that only a network of our scale and experience can deliver,” said Jeff Wender, Chief Revenue Officer, Rakuten Advertising. “By empowering our analysts and account teams to make strategic decisions about campaign investments, we can identify beneficial untapped publisher partnerships, establish optimized commission rates, and capitalize on even short-window opportunities to drive profits for advertisers. Accelerate has been well received by clients, and has exceeded our most optimistic expectations for performance and cost efficiency.”

    The solution offers:

    • Guaranteed performance-based costs: Brands pay exclusively for performance via a fixed percentage of revenue, while Rakuten Advertising takes on the risks of up-front publisher investments. This is a shift from the traditional affiliate model that includes tracking and service fees and publisher commissions.

    • First-party Data & Insights: Accelerate taps into Rakuten Advertising’s unmatched data network, which spans its own first-party Rakuten data, its historic affiliate campaign and benchmarking data, and its leading consumer online shopping data and competitive market insight via Rakuten Intelligence.

    • Real-time analysis and optimization: All campaigns have a dedicated analyst who draws on data from Rakuten Advertising’s expansive network to constantly improve performance by recommending new publishers, optimizing commission payments, identifying paid-placement opportunities and customizing offers and performance incentives.

    • Publisher matchmaking: Data-led AI matchmaking identifies the best partners from Rakuten Advertising’s network of 150,000 global publishers to drive optimal growth for each campaign. With decisioning backed by historic network and market data, Rakuten’s algorithm identifies profitable relationships that wouldn’t be obvious via human matchmaking.

    • Fully managed program: Rakuten Advertising’s highly experienced analysts and account teams manage every aspect of a campaign, from publisher recruitment and communication to IO execution and paid placement negotiations, allowing teams to jump on even short-window opportunities with a speed and agility not possible with traditional programs.

    Accelerate can be tailored for brands with a range of goals – whether it’s international expansion, launching a new business or product, enhancing an existing affiliate program or re-focusing in-house talent. By leveraging Rakuten Advertising’s dynamic commissioning rules, Accelerate account teams reward publishers for delivering targeted brand goals, and personalize campaigns to align with consumer interests and publisher content to create a more positive ad experience.

    Accelerate has delivered notable results for brand partners, particularly for marketers who support emerging and direct-to-consumer brands. One example is Australian retailer Cotton On, which engaged Accelerate to expand its 10-year foothold in the United States, customizing the program to drive awareness, promote priority product lines, convert new customers and generate more sales.

    “We had reached the right moment to aggressively expand in the U.S. and sought a partnership that would deliver the experience and expertise we needed to reach and influence consumers in the market. That led us to Accelerate,” said Brendan Sweeney, General Manager of Ecommerce at Cotton On. “Accelerate instantly gave us the strategic support, historical data and analytic expertise we needed to design an affiliate program that could effectively expand our U.S. business. As a result, our U.S. affiliate marketing sales have grown significantly year-over-year. Looking to the future, we’re excited to continue the momentum we’ve created with Accelerate in the U.S. by launching U.K., South Africa and APAC Accelerate programs to further elevate our business globally.”
    With Real Time Expert Analysis and Waived Publisher Fees, Accelerate Delivers Fast Results with Reduced Risks for Digital Marketers Seeking New Growth Opportunities SAN MATEO, Calif., Oct. 26, 2021 /PRNewswire/ — Rakuten Advertising has introduced Ac
    With Real Time Expert Analysis and Waived Publisher Fees, Accelerate Delivers Fast Results with Reduced Risks for Digital Marketers Seeking New Growth Opportunities SAN MATEO, Calif., Oct. 26, 2021 /PRNewswire/ — Rakuten Advertising has introduced Ac
    rakutenadvertising.com
  • H
    Heinrich
    Rakuten Travel Kicks Off Strategic Collaboration with Marriott International's Award-Winning Travel Program Marriott Bonvoy

    Marriott Bonvoy member benefits to be offered when eligible Rakuten members book Marriott Bonvoy hotels in Japan through Rakuten Travel

    Tokyo, December 2, 2021 - Rakuten Group, Inc. today announced the launch of a loyalty program collaboration with Marriott International, Inc. Eligible Silver, Gold, Platinum and Diamond rank Rakuten members are now able to enjoy Marriott Bonvoy's member benefits in addition to receiving Rakuten Points when booking Marriott Bonvoy hotels in Japan through the travel reservation service Rakuten Travel.
    Through this new collaboration, eligible Rakuten members can enroll in Marriott Bonvoy through a convenient, one-click process on Rakuten Travel, using their existing Rakuten member information. Once enrollment is completed, members can enjoy a plethora of benefits which Marriott Bonvoy has to offer in addition to Rakuten Points, including access to member rates, the ability to earn and redeem points, and other exclusive benefits when booking Marriott Bonvoy's hotels in Japan through Rakuten Travel.

    https://www.marketscreener.com/quote/stock/RAKUTEN-GROUP-INC-6814873/news/Rakuten-Travel-Kicks-Off-Strategic-Collaboration-with-Marriott-International-s-Award-Winning-Trave-37187681/
    Bullish
  • H
    Heinrich
    Rakuten Altiostar won two from 20 of the telecoms industry’s most prestigious awards

    2021 Glotel Awards winners unveiled

    3 days ago

    The winners of the telecoms industry’s most prestigious awards event have finally been revealed.
    A healthy range of companies were represented this year, with the 20 awards spread among no less than 13 winners.

    Best Operator 5G Innovation
    Winner: Altiostar – Rakuten Mobile 5G Open RAN Cloud-Native Network

    Ground-breaking Virtualization Initiative
    Winner: Altiostar – Rakuten Mobile for 5G Open RAN on Kubernetes
    Highly commended: VMware – Telco Cloud Platform
    Bullish
  • H
    Heinrich
    Rakuten is one of the owners of Dahmakan (Pop Meals)

    Global Cloud Kitchen Market to reach USD 107.34 billion by 2027.

    Global Cloud Kitchen Market is valued approximately USD 50.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.5% over the forecast period 2021-2027.

    https://ipsnews.net/business/2021/10/06/cloud-kitchen-market-growing-popularity-and-emerging-trends-in-the-market-dahmakan-pop-meals-doordashkitchen-united-kitopizuul-kitchens-inc/
    Bullish
  • H
    Heinrich
    I believe, that is okay

    Rakuten Plans Its Biggest Yen Bond Sale as Mobile Losses Drain

    By Ayai Tomisawa

    18. November 2021, 06:40 MEZ

    Japanese e-commerce giant Rakuten Group Inc. is planning what would be its biggest yen bond sale ever next week as it pushes hard to boost its presence as a mobile phone operator.

    Billionaire Hiroshi Mikitani’s Tokyo-based company is scheduled to price about 200 billion yen ($1.75 billion) of multi-tenor bonds on Nov. 26, according to underwriter Daiwa Securities Group Inc. Its previous record Japanese currency debt sale was a 182 billion yen subordinated offering in December 2018.

    Rakuten launched a national mobile network in 2020 to compete against established providers, and heavy investments to build it out resulted in a $2.2 billion loss in that business last year. The company’s mobile segment posted a 105 billion yen loss in the July-September period, wiping out profits from its Internet and fintech segments.

    Rakuten’s non-financial segment may struggle to break even by 2022 without a major uplift in its mobile revenue, Sharon Chen, a credit analyst at Bloomberg Intelligence, wrote in a report.

    Rakuten intends to use the funds on operations, capital investment and refinancing of existing debt, according to a filing released by the company earlier this month.

    https://www.bloomberg.com/news/articles/2021-11-18/billionaire-mikitani-s-rakuten-plans-its-biggest-yen-bond-deal?srnd=technology-vp
    Japanese e-commerce giant Rakuten Group Inc. is planning what would be its biggest yen bond sale ever next week as it pushes hard to boost its presence as a mobile phone operator.
    Japanese e-commerce giant Rakuten Group Inc. is planning what would be its biggest yen bond sale ever next week as it pushes hard to boost its presence as a mobile phone operator.
    www.bloomberg.com
    Bullish
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