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RKUNF / Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook

Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook
I am positive on Rakuten Group, Inc.'s recent portfolio restructuring moves, which I think could narrow the valuation discount assigned to the company's shares. But I have a negative view of Rakuten Group's mobile business; Rakuten Mobile is still loss-making, and network quality continues to be an issue for the mobile operator for now. My Hold rating for Rakuten Group stays unchanged, after my analysis of its portfolio restructuring activities and the mobile business' outlook. Read More
Posted: Jul 11 2023, 14:06
Author Name: Seeking Alpha
Views: 112346

RKUNF News  

Rakuten shares jump as mobile losses narrow

By Reuters
August 13, 2023

Rakuten shares jump as mobile losses narrow

Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongsid more_horizontal

Rakuten Bank Sees Edge Over Rivals

By Bloomberg Markets and Finance
August 7, 2023

Rakuten Bank Sees Edge Over Rivals

Rakuten Bank is better positioned than rivals to enjoy a profit boost when the Bank of Japan eventually ends its negative interest-rate policy, says C more_horizontal

Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook

By Seeking Alpha
July 11, 2023

Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook

I am positive on Rakuten Group, Inc.'s recent portfolio restructuring moves, which I think could narrow the valuation discount assigned to the company more_horizontal


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