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Rakuten Inc - Announces Impairment Loss Of About 103 Billion Yen In July-Sept Quarter Related To Investment In Lyft Inc
Rakuten Medical Says Has Raised About $100 Mln On July 31, 2019 From Rakuten Inc
Rakuten Says Will Record Unrealised Loss Of 28.4 Billion Yen In Q2 After Change In Accounting Method Related To Lyft Stake
Rakuten, Inc. is a Japan-based company mainly engaged in the Internet service business, the FinTech business and the mobile business. The Company operates through three business segments. The Internet Service segment is mainly engaged in the operation of Internet shopping mall Rakuten Market site and other electronic commerce (EC) sites, online cashback sites, travel reservation sites, portal sites and digital content sites, the sale of advertisements on the sites, as well as the operation of professional sports facilities. The FinTech segment is mainly engaged in the provision of banking and securities services via the Internet, credit cards related services, life insurance services, insurance services and electronic money services. The Mobile segment is mainly engaged in the provision of communication services and messaging services.
Rakuten Crimson House, 1-14-1, Tamagawa
Chairman of the Board, President, Chief Executive Officer, Chairman & Chief Executive Officer of Subsidiaries, Representative Director
Vice Chairman of Executive Board, President of Card & Payment Company, President of Subsidiary, Representative Director
Chief Financial Officer, Executive Vice President, Chief Risk Officer
Charles B. Baxter
Chairman of Subsidiary, Director
Executive Vice President, Chief Operating Officer, Chief Marketing Officer, Senior Vice President of Communications & Media Company, Group Executive Vice President
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Rakuten Inc's <4755.T> quarterly operating profit was almost wiped out in the three months ended September as investment in its e-commerce and mobile units weighed on profits, with the value of its bet on ride-hailing firm Lyft also sliding further.
Rakuten Inc's quarterly operating profit was almost wiped out in the three months to September as the value of its bet on ride-hailing firm Lyft slid.
Japan's Rakuten Inc said on Tuesday it expects to take a 103 billion yen ($947 million) loss in the latest quarter on its investment in U.S. ride-hailing firm Lyft Inc.
Japanese internet firm Rakuten said on Friday it was pushing back the commercial launch of its mobile service, a setback to billionaire founder and chief executive Hiroshi Mikitani's ambitions to shake up the country's telcoms market.
Japan's Rakuten plans to push back the start of wireless carrier services by six months, hampered by delays in building out its network, the Nikkei business daily reported on Thursday.
Japan's Rakuten Inc <4755.T> reported an unexpected quarterly loss on Thursday, hit by the depressed value of its investment in ride-hailing firm Lyft Inc <LYFT.O> and heavy spending on a new wireless service.
Japan's Rakuten Inc reported an unexpected quarterly loss on Thursday as the value of its investment in ride-hailing firm Lyft Inc slumped.
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.
Japan's Rakuten Inc said on Friday first-quarter operating profit quadrupled as it booked gains on its stake in Lyft.
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.
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.
Japanese e-commerce firm Rakuten has picked Nokia Oyj as a key partner for its new mobile network in Japan, which is due to launch later this year, the Finnish company said on Wednesday.
Rakuten Inc on Thursday unveiled a tie-up with telecom company KDDI Corp as the Japanese e-commerce firm aims to enter the mobile phone services business, challenging bigger rivals NTT Docomo and SoftBank Group Corp.
Japanese e-commerce company Rakuten Inc will issue as much as 200 billion yen ($1.86 billion) to prepare for its entry into the country's mobile phone service market, the Nikkei business daily reported on Thursday.
* RAKUTEN WILL ISSUE AS MUCH AS 200 BILLION YEN TO PREPARE FOR ITS ENTRY INTO JAPAN'S MOBILE PHONE SERVICE MARKET - NIKKEI
Rakuten Inc said on Monday it won government approval to offer mobile services as the Japanese e-commerce company expands its business into a market dominated by three major carriers.
Rakuten Inc * Says it will merge with unit Fablic,inc., effective July 1 * Says unit Fablic,inc., will be dissolved after merger Source text in Japanese:https://goo.gl/2u9LeL Further company coverage: (Beijing Headline News)
* RAKUTEN PLANS TO SUBMIT APPLICATION FOR ALLOCATION OF MOBILE-PHONE FREQUENCY LATER THIS MONTH Source text for Eikon: Further company coverage:
* Says it completed merger with wholly owned unit Rakuten Mart Inc
Japan's Rakuten Inc said it planned to purchase Asahi Fire & Marine Insurance Co Ltd for about $415 million, strengthening its portfolio of financial services as its steps up efforts to diversify beyond conventional online shopping.
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