RKUNY - Rakuten, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
11.90
-0.00 (-0.01%)
At close: 3:59PM EDT
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Previous Close11.90
Open11.77
Bid0.00 x 0
Ask0.00 x 0
Day's Range11.77 - 11.90
52 Week Range6.43 - 12.00
Volume10,115
Avg. Volume83,925
Market Cap16.284B
Beta (3Y Monthly)1.56
PE Ratio (TTM)12.23
EPS (TTM)0.97
Earnings DateN/A
Forward Dividend & Yield0.08 (0.68%)
Ex-Dividend Date2018-12-27
1y Target EstN/A
Trade prices are not sourced from all markets
  • CNBClast month

    SoftBank shares come under pressure after Uber's rough first day of trading

    Analysts attributed the weakness in the stock to last week's big declines on ride-hailing giant Uber's debut day. SoftBank, through its landmark Vision Fund, is a major investor in Uber. In its IPO day on Wall Street last Friday, shares of Uber plunged more than 7%, closing below $42 per share with a market cap of $69.7 billion.

  • Reuters2 months ago

    Japan's Rakuten profit jumps fourfold on $1 billion Lyft stake gain

    Japanese e-commerce firm Rakuten Inc's first-quarter operating profit jumped fourfold as it booked a $1 billion gain on its stake in U.S. ride-hailing company Lyft Inc. Rakuten has grabbed investor attention with its overseas tech bets, despite modest means compared with bigger Japanese rival SoftBank Group Corp, whose founder and CEO Masayoshi Son has tapped Saudi Arabian oil money and abundant cash from SoftBank's telco business to fund his tech investments. Rakuten's investments include Lyft, which listed in March, and online scrapbook company Pinterest Inc, which listed last month.

  • PR Newswire2 months ago

    Altiostar Closes $114 Million Round to Accelerate Open Cloud-Native 4G/5G Mobile Networks

    TEWKSBURY, Mass., May 8, 2019 /PRNewswire/ -- Altiostar, the pioneer in open virtualized RAN (open vRAN) technology, announced today that it has closed a $114 million Series C round of financing with Rakuten coming on board as an investor. In early 2018, Qualcomm Ventures LLC and Tech Mahindra also participated in the C-round as investors. This financing will be used to expand Altiostar's virtual RAN solution to encompass 4G and 5G products allowing telecom operators to build end-to-end web-scale cloud native networks.

  • Five retailers that are all about the blockchain right now
    Coin Rivet2 months ago

    Five retailers that are all about the blockchain right now

    1.) Ikea  Ikea’s R&D laboratory Space10 has teamed up with blockchain ventures Bloc and Blocktech and architects SachsNottveit to develop a prototype clean energy microgrid that could enable communities to be self-sufficient for their electricity supply. “Centralised energy systems are often too slow and economically inadequate to reach the billion people who remain locked in energy poverty,” says Bas Van De Poel, Creative Director at Space10. “The SolarVille project showcases that, when working in tandem, technologies such as solar panels, micro-grids and blockchain open new opportunities: off-grid systems allowing people to leapfrog traditional grid electricity.” Ikea already sells solar panels and battery storage systems and SolarVille could be a sign that the furniture retailer is looking to expand this side The post Five retailers that are all about the blockchain right now appeared first on Coin Rivet.

  • CNBC2 months ago

    Amazon battles Rakuten for e-commerce market share in Japan

    Amazon AMZN  is involved in about 50% of all e-commerce transactions in the United States. There, Amazon is locked in a tight competition for market share with Japanese company Rakuten 4755.T-JP . Rakuten offers a popular points-based loyalty program, as well as a whole host of products and services referred to in Japan as "Rakuten World." This includes the country's number one credit card, its largest online bank, a wireless network and a streaming service.

  • Asian markets little changed as China’s economy holds steady
    MarketWatch2 months ago

    Asian markets little changed as China’s economy holds steady

    Asian stocks were mixed in a narrow range Wednesday as China announced its economy grew at a 6.4% annual pace in the last quarter.

  • Japan's telcos get 5G nod from regulators
    Reuters3 months ago

    Japan's telcos get 5G nod from regulators

    Japan's telcos were formally allocated 5G spectrum by regulators on Wednesday, a major milestone ahead of the launch of high-speed wireless services next spring. The three big carriers - NTT Docomo, KDDI ...

  • ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others
    TechCrunch3 months ago

    ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others

    ShopBack, a Singapore-based startup that offers cashback and consumer rewardsin Asia Pacific, has closed a $45 million round led by new investors RakutenCapital and EV Growth

  • ShopBack Wins $45 Million in Round Backed by Rakuten, EV Growth
    Bloomberg3 months ago

    ShopBack Wins $45 Million in Round Backed by Rakuten, EV Growth

    Rakuten Capital and EV Growth are leading the investment round for ShopBack, which offers cashback and other rewards for a plethora of names from Airbnb and Foodpanda to Booking.com and Alibaba’s Taobao. ShopBack, backed by the likes of SoftBank Ventures Asia, said it handled close to $1 billion in sales for some 2,000 merchants in 2018.

  • Viber users can now get local numbers in the US, UK and Canada for inbound voice and SMS
    TechCrunch3 months ago

    Viber users can now get local numbers in the US, UK and Canada for inbound voice and SMS

    Viber Local Number, as the service is called, is available to anyoneglobally, but for now the numbers you can register are in the U

  • Benzinga3 months ago

    Japan Is Getting Serious About Cryptocurrency

    YAHOO JAPAN COR/ADR (OTC: YAHOY) is set to launch a new cryptocurrency exchange, Taotao, starting in May. Yahoo! Japan first took a 40-percent stake in Taotao, formerly BitARG, in March 2018 at a reported price of around $19 million. Taotao will initially allow trading of bitcoin and Ethereum and allow margin positions in Litecoin, Bitcoin Cash and XRP.

  • Global e-Commerce Sales Are Expected to See Solid Growth in 2019
    Market Realist3 months ago

    Global e-Commerce Sales Are Expected to See Solid Growth in 2019

    Tech Bytes: Bitcoin's Surge, Apple's Life-Saving Device, and More(Continued from Prior Part)China is by far the biggest e-commerce market in the world Global e-commerce sales are likely to grow further this year, according to eMarketer estimates.

  • Reuters3 months ago

    Rakuten says to book $990 million gain on Lyft investment

    Japan's Rakuten said on Monday it will book a 110 billion yen (£759 million) gain in the quarter through March on its investment in Lyft following the U.S. ride-hailing firm's listing last week. Rakuten become Lyft's largest shareholder with a 13 percent stake ahead of its IPO. Lyft shares closed 9 percent higher at $78.29 in their market debut on Friday, giving the loss-making firm a market capitalisation of around $22.2 billion.

  • Rakuten sets June launch date for crypto exchange
    Coin Rivet3 months ago

    Rakuten sets June launch date for crypto exchange

    Japanese e-commerce giant Rakuten will launch its cryptocurrency exchange, Rakuten Wallet, in June. This was recently renamed from Everybody’s Bitcoin and will start accepting applications for accounts in April. Rakuten acquired the exchange last year for 265 million yen, a few months after Japanese authorities issued a business improvement order against Everybody’s Bitcoin due to concerns about its risk management system. Rakuten said at the time: “We expect that the role of cryptocurrency-based payments in e-commerce, offline retail and in P2P payments will grow in the future. In order to provide cryptocurrency payment methods smoothly, we believe it is necessary for us to provide a cryptocurrency exchange function.” It has now completed a restructuring process, including formulating a business improvement The post Rakuten sets June launch date for crypto exchange appeared first on Coin Rivet.

  • Lyft Managed to Price Its IPO at the Top of the Range
    Market Realist3 months ago

    Lyft Managed to Price Its IPO at the Top of the Range

    The Latest in Tech: Lyft, Apple, and Rising Streaming Competition(Continued from Prior Part)Lyft raised over $2 billion in its IPOLyft, Uber’s domestic ride-hailing rival, successfully raised over $2.3 billion on March 28 as it prepared to go

  • RKUNY vs. SHOP: Which Stock Should Value Investors Buy Now?
    Zacks3 months ago

    RKUNY vs. SHOP: Which Stock Should Value Investors Buy Now?

    RKUNY vs. SHOP: Which Stock Is the Better Value Option?

  • The Zacks Analyst Blog Highlights: Avid Technology, Digital Turbine, Castlight Health, Upland Software and Rakuten
    Zacks3 months ago

    The Zacks Analyst Blog Highlights: Avid Technology, Digital Turbine, Castlight Health, Upland Software and Rakuten

    The Zacks Analyst Blog Highlights: Avid Technology, Digital Turbine, Castlight Health, Upland Software and Rakuten

  • Bet on These 5 Technology Stocks Crushing FAANG in 2019
    Zacks3 months ago

    Bet on These 5 Technology Stocks Crushing FAANG in 2019

    FAANG stocks have also put up an impressive performance in the year so far.

  • Japan Internet Giants Join Forces as Payments Race Heats Up
    Bloomberg3 months ago

    Japan Internet Giants Join Forces as Payments Race Heats Up

    The operator of Japan’s most popular messaging platform and the used-goods online marketplace app will let users shop and pay for purchases at stores that accept each other’s systems starting early this summer, they told reporters in Tokyo Wednesday. After years of inactivity, mobile payments competition is heating up in Japan.

  • Japan Yahoo backs new cryptocurrency exchange
    Coin Rivet3 months ago

    Japan Yahoo backs new cryptocurrency exchange

    A subsidiary of Japan Yahoo will allow the trade of cryptocurrencies after a reported $19 million deal. Taotao, formerly known as BitARG, will launch in May and is a 40% subsidiary of the internet giant. It will trade in cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) and will offer margin trading for Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP). Taotao has regulatory approval from the Japan Financial Services Agency (JFSA). Local media reported Japan Yahoo paid about 2 billion yen for the stake. Pioneering Japan Japan Yahoo is not the first mainstream Japanese company to invest in blockchain. Japanese e-commerce giant Rakuten is fusing the technology and its Super Points loyalty programme to create its own cryptocurrency, Rakuten Coin. The post Japan Yahoo backs new cryptocurrency exchange appeared first on Coin Rivet.

  • Rakuten vs. Amazon: The battle for Japan's e-commerce market
    CNBC Videos2 months ago

    Rakuten vs. Amazon: The battle for Japan's e-commerce market

    In Japan, Amazon faces tight competition from Rakuten. The Japanese e-commerce company has a robust customer loyalty program, and a suite of products and services including its own credit card, online bank and streaming services. But in recent years, Amazon has captured greater market share in e-commerce thanks to its superior logistics capabilities, and focus on price and convenience.